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Thread: Cannabis stocks

  1. #85

    Default Re: Cannabis stocks

    Lessons from California's Pot Industry Bailout

    The largest U.S. state earmarked money last week to aid companies that are struggling financially in large part because of bureaucratic delays and missteps in transitioning them from temporary licenses into more stringent permanent ones. It’s a cautionary tale for other states that are figuring out how to balance social-equity provisions, tax rates and competing with an illicit market valued at $66 billion last year, according to New Frontier Data.
    https://financialpost.com/pmn/busine...dustry-bailout
    Tom
    Market Commentary | My Blog | TSP Talk Plus | |

    I am not a Registered Investment Advisor and this is not investment advice. Please do your own due diligence.

  2.  
  3. #86

    Join Date
    Aug 2011
    Location
    Mississippi
    Posts
    904

    Default Re: Cannabis stocks

    This is what is likely to happen in Mississippi. They successfully challenged out ballot initiative process and killed Initiative 65 in the process. The legislature was never going to be content with not having full control of the medical program and not being able to tax it to the point that the black market still looks attractive.
    Scott Harrison
    Senatobia, MS

  4.  
  5. #87

    Default Re: Cannabis stocks

    Biden Plans to Pardon People Convicted of Simple Marijuana Possession


    https://www.wsj.com/articles/biden-p...d=hp_lead_pos2

    Tom
    Market Commentary | My Blog | TSP Talk Plus | |

    I am not a Registered Investment Advisor and this is not investment advice. Please do your own due diligence.

  6.  
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