Replies to post #237578 on Blum Holdings Inc (BLMH)

[Money $hot]

There are too many moving parts to your equation. Once again, it will take an act of Congress to deregulate MJ for the real dollars to start pouring into the MJ sector. Your equation is layered. It parcels out (sets aside) the remaining issues of Banking and Big Dollar Players buying up the MJ space. So you're talking about 3 separate rallies. One for the removal of AG. One for legal MJ banking, and One for Big Money buying out the space. A removal of Sessions does not address the remaining pieces of the puzzle.

/////AMG

[hbhmb]

he is on his way out.... and even then, you think the states would
give up all the money they are making because some clown of an alabaman
doesn't like mj... no way, he will be gone up in smoke and good riddance
to the little elf...

[TooFrank]

AG Sessions should be the least of your worries. The tax loving liberal government will be the demise of legal retailers. They will not be able to compete with illegal sales.

California to tax pot as much as 45%

Consumers will pay a sales tax ranging from 22.25% to 24.25%, which includes the state excise tax of 15%, and additional state and local sales taxes ranging from 7.25% to 9.25%.

Local businesses will have to pay a tax ranging from 1% to 20% of gross receipts, or $1 to $50 per square foot of marijuana plants, according to the Fitch report.

In addition, farmers will be taxed $9.25 per ounce for flower, and $2.75 per ounce for leaves.