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Emblem Corp EMMBF

Healthcare Biotechnology Cannabis
"Emblem Corp is a licensed producer of medical cannabis. It is intended to cultivate and cure cannabis for medicinal use. The group operates in the business segment of production and sale of medical cannabis."


OTCPK:EMMBF - Post by User

Emblem Corp > New excise tax to be added to medical cannabis
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Comment by deminimison Nov 10, 2017 6:16pm
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Post# 26943355

RE:RE:RE:RE:RE:New excise tax to be added to medical cannabis

RE:RE:RE:RE:RE:New excise tax to be added to medical cannabisIt was announced several hours before the end of trading and it didn’t really seem to have an impact. I really don’t think this will affect the big guys much because their valuations are pretty much all based on rec and this is good news for rec. Although Canopy is already kicking up a stink about it: https://www.newcannabisventures.com/canopy-growth-criticizes-proposed-taxation-of-medical-cannabis/

The silver lining is that this is just a proposal. Hopefully all of the LPs and the probably more than 250k patients currently in the system raise hell about this and get them to remove this from the final bill.
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