InvestorsHub Logo
Followers 4
Posts 279
Boards Moderated 0
Alias Born 11/21/2016

Re: MMPRuser post# 47627

Wednesday, 12/07/2016 11:17:23 AM

Wednesday, December 07, 2016 11:17:23 AM

Post# of 128530
Thats not entirely true. They are enforcing it in a few places just not all. I find it interesting that they are enforcing it in Toronto....hmmm. The problem is that its a relatively small penalty but the dispencaries are making massive cashflow (buying from the black market as no LP can sell to them) so they just pop back up. The Toronto approach has moved to attacking the landlords by enforcing bylaws that can shut down their buildings...I am in real estate and believe me you start messing with my clients incomes from their buildings and boom that tenant is gone in a hart beat. Will be interesting to see how it plays out.
The government creates walls as usual which is exactly what you want in this case if you own shares in an LP...you actually want heavy handed gov control rather than let the market decide in this case because of the way we have already set up the regime. I am certain you will eventually see the market call the shots but that is a long ways away. For now gov is our best friend imo. Walls were made to be climbed by a select few...Bruce knows this.