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Re: olivernoyes post# 18579

Monday, 11/07/2022 6:11:03 PM

Monday, November 07, 2022 6:11:03 PM

Post# of 21240
The funny thing is that the states making IC agreements are all states with oversupply issues. I am not sure if this is because they somehow think that the industry will open to IC...or if they are catering toward their investor base...or if it is happening simple based on the hope that some other new states will jump on board.

There was an interesting podcast episode from Key Investment Partners where the host held a discussion with two individuals from Pharmacann. They talked about what they thought SAFE Banking meant for the industry. They essentially said that, with the current interest rate increases, it probably doesnt mean much from a "better interest rate" but where they will see instant cost savings...between 5%-10% of SG&A expense...is that they (and the industry) should be able to consolidate all of their banking into one account which would amount to that level of savings.

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