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Re: LCLiving post# 72280

Friday, 03/17/2023 9:47:32 AM

Friday, March 17, 2023 9:47:32 AM

Post# of 79202
Yes it is ridiculous, especially since we’re……

discussing a potential alcohol related transaction. Alcohol is second only to oil when it comes to regulations. It’s all about TAXES!!!

About TTB

The Alcohol and Tobacco Tax and Trade Bureau (TTB) is a bureau under the Department of the Treasury.


https://www.ttb.gov/about-ttb

Anything purchase of 5% or greater requires approvals for pubco’s and private entities.

One of Tony’s boyz said it’s a full acquisition, that would include Lena’s dozen or so COLA’s, which come through TTB.

Regardless, even if it isn’t 5%, any transactions done by Apple Rush in Illinois requires prior registration. That’s why Corr registered with them back in the day, as would any LEGIT company, public or not.

What a fun day!!!

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