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Friday, February 24, 2017 1:36:08 PM
This is a big picture scenario.
The states now have a taste and solid blueprint for a new tax stream. They won't ever let this go.
This is a federal head fake. However the transfer of payments through the banking system will still be a big hurdle. Unless the US MJ industry starts using Bitcoin. As long as this is a cash only business then the security/cash pick up companies (Brinks, Loomis, Rapidarmor) will grow too. It will have a small trickle effect. So in a small way it's pro jobs. And if the states have the authority to make recreational MJ legal - then the flood dam is open, to never be closed again. Hope it doesn't go down the B/C route.
The federal gov./Trump just trying to address big pharma. Big pharma wants more time to develop a MJ business model. Which means more cash than what's on hand, at the moment. This is just a federal "I tried to help you, but the states can do what they please."
This only helps and focuses investment funding on Canada.
Hello SFP - nice to see you back after all these years.
IMO
Regards,
BK
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