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Re: Fat Thor post# 2937

Tuesday, 05/09/2023 9:30:42 AM

Tuesday, May 09, 2023 9:30:42 AM

Post# of 2963
There’s a good chance chuck Schumer
And Kevin McCarthy make a cannabis deal very soon . It’s going to be a give and take type of negotiation to get the budget past in Nov but the deal will happen before the June or July debt ceiling.
There is bipartisan support for the safe act . This allows banks to do business with cannabis companies and also large institutions are allowed to buy the stock .
Companies will now how a chance to get tax breaks . It’s much needed tax revenues in the larger states like New York New Jersey and Cali .
Spot prices have been rising and will go much higher once federal dollar are collected to mandate illegal cannabis coming in . Right now there is no money in the federal budget to stop illegal cannabis . The stocks that will do the best is Curlf Tcnnf and few others. Grwg will go along for the ride but won’t do as good .
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