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twister1

11/07/20 4:15 PM

#14742 RE: RiversRun #14741

bingo.... we got a winner
great post, thanks for sharing....
the one topic that you touched on "taxes", i sure hope they put some DEEP thought to... of course it will be taxed and should be...(state sales tax),now the other taxes to be determined on the businesses is where they MUST BE smart about...
i believe they at least should of learned a lesson from is out in california, where the taxes were so insanely ridiculous and unfair that the mj businesses could not thrive let alone exist.
but yes government could certainly foul things up with too much red tape, regulations and over reaching with taxes.
cheers
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john1311

11/07/20 5:51 PM

#14743 RE: RiversRun #14741

thanks, RiversRun, for the insight... I am warming more to this move after reading your post...
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dorothy52

11/07/20 10:03 PM

#14746 RE: RiversRun #14741

I guess this would be good if you consider craft brewers to be the big winners over big alcohol. I can tell you as an investor I would much rather invest in constellation brands than in sweet water. But I look at cannabis as a different kind of commodity. I look at it the same way as I look at tobacco and 20 yrs from now I only see two maybe three major brands. And although I appreciate your dialogue apha will not be one of them at least not in the U.S. It will be major US companies that will consolidate and take over the industry.
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dorothy52

11/07/20 10:20 PM

#14747 RE: RiversRun #14741

While you may be looking at profits per case I’m looking at dividend. And I don’t know of any craft brewer that pays a dividend but like I said STZ does.