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Re: Fallingknife75 post# 17431

Wednesday, 07/27/2022 1:40:11 PM

Wednesday, July 27, 2022 1:40:11 PM

Post# of 21240
Knife, I expected this to be SHWZ's New Mexico highest grossing store because Las Cruces is a 45 minute from El Paso, TX...a population near 700K. Border stores are always a concern if surrounding states are moving to recreational use...but Texas should move slower than most states. Unlike Illinois, to which I am not bullish like others in the industry. That state is issuing more licenses and will be growing exponentially, however 30% of their sales are out of state (mainly from Missouri). Missouri has been discussing going recreational...and keep falling short...but the last time I heard they were planning to come online intentionally undercutting Illinois taxation to help drive sales.
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