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Thursday, October 16, 2014 2:40:10 PM
There are complaints about this industry and the way health Canada has been regulating it. While some of those complaints have merit they are also short sighted.
This is an emerging market filled with uncertainty and it's bound to have issues come up. In time they will be addressed and frankly the model can't be that bad if a purple state like Florida wants to model its MMJ after it. For all the kooky headlines Florida gets people forget that Florida has the lowest in state tuition rates in the U.S., one of the lowest in taxes, and a gateway to the Caribbean and Americas.
2015 is going to be very interesting for this sector.
If the news of the Obama admin looking to legalize MJ is true, summer is going to be amazing for the sector. It opens up imports/exports and a country for Tweed to expand into. All the while Tweed gets a tax shelter being a Canadian company. This also gives time for Tweed to lock down standard operational procedures and have enough liquidity to aggressively expand. Excited to see how the puzzle gets put together.
My week day handle is "EngageFactor".
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