GrowLife Inc (PHOT)

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Such an outrageous tax could also be a catalyst for GrowLife product sales as many people would now see a clear advantage in growing plants at home. At 70% taxation, product prices will be forced higher to offset dispensary business losses - making grow chambers the new must-have item.

Even if MJA black market sales increase due to heavy taxation, the home-grown appeal is going to get stronger real quick.