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Re: StockLogistics post# 247

Friday, 07/22/2022 10:21:19 AM

Friday, July 22, 2022 10:21:19 AM

Post# of 264
Schumer’s bill is still a laughable non starter just as it was last year. Extraordinarily high excise tax rates that will further strengthen the illicit market over legal companies and a significant social equity over-reach that repubs will never allow. Let the states handle expungements and design a fair social equity platform. Design a fair tax structure in line with that of alcohol so that the illicit competition can be beaten on price and quality. But this is all just noise - Schumer’s bill was merely designed to appease his base. Only piecemeal reform stands a chance. Get some form of SAFE banking done prior to November because once Mitch takes back the reigns of the Senate, there’s absolutely no chance anything for the cannabis industry goes through. Schumer should know this and rush toward a compromise once his bill is officially declared dead, which won’t take long.

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