JD it seems absurd that the State legalized it, created a intense permit/license process, they're taxing the hell out of it, yet these canna-ventures can't even write a company check, nor can dispensaries utilize credit-cards for payments. Another example of having a hand tied behind your back. What's next-the vehicles have to drive backward to make deliveries?
Add to that no business loans from FDIC banks and no wonder dilution is the only resort for scaling up and out (barring venture capital).
The survivors will win big, but man-talk about a one-legged race!
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