The Feds havent legalized it, however, they also have allowed these states to regulate this area on their own.
"But in August, the U.S. Justice Department said it won't challenge Colorado or other states with laws legalizing recreational marijuana. Instead, federal officials will focus on serious trafficking and keeping the drug away from children."
Colorado is expecting tax revenue of ~$70 Million, half of which will go to building schools and education. New York just moved to legalize medical use. The realty of this, is that this is a momentum shifter. Once more states realize the tax revenue potential of this, the increased business, and the little if any negative outcome from this (it is well documented that legalized alcohol causes well more problems than MJ), more states will move to this legalization.
Alterrus could easily enter this area, and would be poised as an expert grower. They would need to be careful as I think they do not want to harm their brand, so they would need to split this off as a side entity, away from Local Garden.
It definitely is an opportunity for them, as they could wait until more states legalize, and they would have an edge in entering these markets with their higher yields.
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