Cannabis Strategic Ventures (NUGS)

[Occasian]

100% agree. Affordable is the key.

The taxation of it in CA is holding back a heavy amount of growth, in addition to access to debit/credit facilities (Federally illegal still so banks won't support).

Anyone just has to go into a shop and you'll see how heavy you get taxed from one purchase. Don't get me wrong, plenty of rich people in CA, but for the masses? They get rocked on taxes.

Imagine if Alcohol was taxed heavily - you think people would be buying top shelf alcohol all the time? Only the rich would. Poorer / Lower-middle-class would still tend towards moonshine / homemade.

Lots of legislation still needs to change before this industry booms IMO. Until then, paper cut bleedout still.

I'm still optimistic, but I am also ready for it to go to zero if need-be.