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Thursday, May 01, 2014 12:58:38 PM
Desperate Illinois creates/task/force to legalize Rec/MJ ASAP. Technically, the most dismal fiscal state in the nation and Chicago in particular is nearing insolvency due to its overwhelming under funded pension liabilities (now in excess of $100 milly) -wants to avoid becoming the next Detroit at any cost..
http://www.chicagotribune.com/news/local/ct-fritchey-marijuana-legislation-met-0429-20140429,0,358532.story
Chicago talk-radio reports on the pension situation daily now, and believe me, all involved are plenty worried. Financially, the day of reckoning Really IS at the front door. The newly announced MJ task force was formed to accelerate beyond the MMJ process towards a full scale recreational use approval, in an effort to avoid raising hotly contested income and property taxes beyond the recent staggering hikes already imposed on tax-payers..
Of coarse, the Illinois situation has no immediate effect or direct relevance to Supreme Pharmacy, but it does shed light that the MJ sector will continue to intensify (despite PHOT setbacks and other MJ scams) as other states scramble to tap the revenue stream CO is already experiencing.. In other words, Illinois with aid of Chicago style arm twisting, is going to ram this through, sooner rather than later..
Compared to other US MJ start-ups, SPRWF (and its soon to be “Supreme Weed” production facility acquisition prospects) remains the best low priced penny in "launch mode" while the MMPR license gets closer to reality. I suspect a steady volume increase shortly, w/added news PR’s leading up to, and after the May 7th meetings..
This will be exciting to watch as the “Heavy-Hands” take hold of this soon-to-be “Turn-Key” revenue generator.
JMO of course..
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http://www.chicagotribune.com/news/local/ct-fritchey-marijuana-legislation-met-0429-20140429,0,358532.story
Chicago talk-radio reports on the pension situation daily now, and believe me, all involved are plenty worried. Financially, the day of reckoning Really IS at the front door. The newly announced MJ task force was formed to accelerate beyond the MMJ process towards a full scale recreational use approval, in an effort to avoid raising hotly contested income and property taxes beyond the recent staggering hikes already imposed on tax-payers..
Of coarse, the Illinois situation has no immediate effect or direct relevance to Supreme Pharmacy, but it does shed light that the MJ sector will continue to intensify (despite PHOT setbacks and other MJ scams) as other states scramble to tap the revenue stream CO is already experiencing.. In other words, Illinois with aid of Chicago style arm twisting, is going to ram this through, sooner rather than later..
Compared to other US MJ start-ups, SPRWF (and its soon to be “Supreme Weed” production facility acquisition prospects) remains the best low priced penny in "launch mode" while the MMPR license gets closer to reality. I suspect a steady volume increase shortly, w/added news PR’s leading up to, and after the May 7th meetings..
This will be exciting to watch as the “Heavy-Hands” take hold of this soon-to-be “Turn-Key” revenue generator.
JMO of course..
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