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Re: None

Thursday, 11/05/2020 5:05:46 PM

Thursday, November 05, 2020 5:05:46 PM

Post# of 13669
Here's a thought exercise... I think that the federal prohibition of marijuana is a good thing for Surna at this stage of its development.

Like others here have suggested, I agree that if GOP was actually interested in legalizing marijuana it would have done so in the first two years of Trump admin. But it didn't, and Trump installing Jeff Sessions (who we know HATES marijuana) as Attorney General tells you everything you need to know about his desire to change that.

Similarly, like others here have suggested, I think that a blue sweep would have been good for marijuana legalization.

I don't necessarily agree that nationwide legalization would be good for Surna at this particular moment. Since the whole industry still has a "wild west" feel to it and the federal banking prohibition remains, multinational players in HVAC have avoided this space. This is why Surna's niche is essentially only served by Surna. State-by-state has helped names you've heard of (like Carrier, Rheem, and Trane) stay out of this space entirely.

My general sentiment is that the continuation of a state-by-state approach is a good thing for Surna while it is this small and my hope is that by the time we do see national legalization Surna is has scaled up or is ready to scale up and compete with these players. Or, that it'll be established enough by then that they'd rather acquire Surna vs compete against it.

Thoughts?
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