German Securities Clearance Firm Pulls Plug on North American Cannabis Stocks

Clearstream, the Luxembourg-based central securities depository that provides the clearing for the German stock market, has informed its customers that it will no longer be possible to settle securities “connected directly or indirectly to cannabis and other narcotics products.” The changes take place as of September 28th.

The company cited only “legal reasons” for the change, and it shared a four-page list of impacted securities, which included many U.S. and Canadian companies along with an Australian company and UK-based GW Pharma (NASDAQ: GWPH):

ISIN code Security Name / Company
AU000000CP17 CannPal Animal Therapeutics Ltd
CA00258G1037 Abattis Bioceuticals Corp
CA00830Q1081 Affinor Growers
CA01444Q1046 Aleafia Health Inc
CA01861C1095 Alliance Growers Corp
CA03765K1049 Aphria Inc.
CA0396054078 Arco Resources
CA05156X1087 Aurora Cannabis Inc
CA09357P1045 BLISSCO CANNABIS CORP
CA13172D1069 Calyx Bio-Ventures Inc.
CA1351011038 Canada House Wellness Group
CA13765K1030 Cannabis Wheaton Income Corp
CA13768L1085 CANNEX CAPITAL HOLDINGS INC
CA1377991023 CANNTAB THERAPEUTICS LIMITED
CA1380351009 Canopy Growth Corp
CA22717L1013 Cronos Group
CA2272981069 Crop Infrastructure Corp
CA25660K1030 DOJA CANNABIS CO. LTD
CA29082J1084 Emblem Corp
CA29102R1064 Emerald Health Therapeutics Inc
CA29246V1040 EMPOWER CLINICS INC
CA29278R1047 ENDOCAN SOLUTIONS INC
CA37956B1013 Global Cannabis Applications Corp
CA42727B1094 HERITAGE CANNABIS HOLDNGS CORP
CA44054H1055 Horizons Medical Marijuana Life Sciences ETF
CA44054J1012 Horizons Medical Marijuana Life Sciences ETF
CA4510681006 ICC INTERNATIONAL CANNABIS CORP
CA4576371062 Inmed Pharmaceuticals Inc
CA46183X2086 Invictus MD Strategies Group
CA4841901032 Kaneh Bosm Biotechnology Inc
CA52737M1023 LEVIATHAN CANNABIS GROUP INC
CA53069P1018 Liberty Leaf Holdings Ltd
CA53224Y1043 Lifestyle Delivery Systems Inc
CA55406A1012 MYM Nutraceuticals
CA5652971089 Maple Leaf Green World Inc.
CA56575M1086 Marapharm Ventures Inc
CA5768081096 Matica Enterprises Inc
CA58463C1014 Medical Services International Inc.
CA58506X1042 MedReleaf Corp
CA62987D1087 Namaste Technologies
CA63902L1004 Naturally Splendid Enterprises
CA64157D1087 New Age Farm Inc
CA65505T2083 Noble Mineral Exploratio
US29259K1025 ENDEXX Corp.
US29271J1097 Endocan Corporation
US29277Q1076 Enertopia Corp
US30051V1061 EVIO, Inc
US31188E2072 FastFunds Financial Corp.
US36113H1005 Fusion Pharm, Inc.
US36117M1053 FutureWorld Corp.
US3648251094 Garb Oil and Power Corp
US36930V1008 General Cannabis
US3714851033 Generex Biotechnology Corporation
US37951P1057 Global Payout, Inc.
US3916571033 Greater Cannabis Co
US39260U1060 Green and Hill Industries, Inc.
US39310R1032 Green Leaf Innovations Inc
US39526G1076 GreenGro Technologies
US39530T2024 Greenhouse Solutions Inc.
US3988451072 Groove Botanicals Inc
US3998441097 Grow Solutions Holdings Inc
US3998471029 GrowBlox Sciences, Inc.
US39985X1046 Growlife, Inc.
US42223A1007 Health Sciences Group Inc.
US4393382035 Hop-On, Inc
US45408X3089 India Globalization Capital Inc
US4556851073 INDIGENOUS ROOTS CORP
US45664A3077 Infinex Ventures, Inc.
US45781V1017 Innovative Industrial Properties
US46062P3001 InternetArray, Inc.
US4657331033 Itonis Inc
US4865671006 Kaya Holdings Inc.
US5184111038 Latteno Food Corp.
US55279L1017 mCig, Inc.
US5530891036 MJ Venture Partners, Inc
US56782E1055 Marijuana Company of America
US58405D1000 Notis Global
US58446C1036 MediaTechnics Corporation
US5845021089 Medical Cannabis Financial Group Inc
US58463A1051 Medical Marijuana, Inc.
US5846401066 Medically Minded, Inc.
US58517C3051 Megola, Inc.
US59141K1016 METATRON INC
US60901Q1067 Monarch America, Inc.
US63008X1072 NanoSensors, Inc
US64129C3034 Neutra Corp
US65676T1025 North American Cannabis Holdings, Inc.
US66980B1008 Notis Global Inc.
US67105N2018 OSL Holdings, Inc
US6918295014 OXIS International, Inc.
US70454Q3048 PAZOO INC
US71677C1062 Petrotech Oil and Gas, Inc.
US72703D1000 Plandai Biotechnology, Inc
US74048L1026 Premier Brands, Inc.
US74164Q3074 Primco Management Co.
US74371E2046 Protext Mobility, Inc.
US74732Q3002 QED Connect, Inc.
US75339L3050 Rapid Fire Marketing, Inc.
US78440L1070 SK3 Group, Inc.
US82932V1026 Singlepoint, Inc.
US8650431039 Suggestion Box, Inc.
US87243Y1091 THC THERAPEUTICS INC
US87669X1063 Tauriga Sciences Inc.
US88102J2096 Terra Tech
US90207B1070 Two Rivers Water & Farming Company
US90342S1069 US Energy Initiatives Corporation Inc.
US91912N1054 Vape Holdings, Inc.
US92337L2034 Verde Science, Inc.
US98986X1090 Zynerba Pharmaceuticals, Inc.

Exclusive article by Alan Brochstein, CFA
Alan Brochstein, CFA
Based in Houston, Alan leverages his experience as founder of online community 420 Investor, the first and still largest due diligence platform focused on the publicly-traded stocks in the cannabis industry. With his extensive network in the cannabis community, Alan continues to find new ways to connect the industry and facilitate its sustainable growth. At New Cannabis Ventures, he is responsible for content development and strategic alliances. Before shifting his focus to the cannabis industry in early 2013, Alan, who began his career on Wall Street in 1986, worked as an independent research analyst following over two decades in research and portfolio management. A prolific writer, with over 650 articles published since 2007 at Seeking Alpha, where he has 70,000 followers, Alan is a frequent speaker at industry conferences and a frequent source to the media, including the NY Times, the Wall Street Journal, Fox Business, and Bloomberg TV. Contact Alan: Twitter | Facebook | LinkedIn | Email

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