Two Different Lanes for Medical & Adult Rec CannabisDEA S3 is looking like it will help companies like CURA who have a medical business set up. DEA S3 may rule that 280E tax breaks will not apply for Adult Rec companies. My guess is Delta 8 "Hemp" & Adult Rec will be merged, which could very well have THC limits like Alcohol. States may have their own 280E tax breaks like we have seen in NJ & NY. Uplisting may only be given to companies that are only selling "Medical" cannabis. Adult use Rec could still be considered Federally illegal. Will this open up the illegal market further by putting THC limits and keeping it Federeally illegal? Canada's cannabis market seems to have gotten this right. Why are they creating a 2-3 prong approach? American politicians love making things harder and creating more work for them selves to justify their existence. DEA S3 will not solve SAFER Banking for adult use Rec companies going public. What we could be seeing is two different Lanes clearly being drawn out. A uplisting may not happen when a company has Adult Rec use in America? What does this mean for Canadian LPs looking to move into Amercia? Looks like a delisting off of NASDAQ/NYSE will have to happen. A German FSE listing may very well be in the cards for CURA should America go with a two tier system. This is all speculation on my part. One thing is for sure they will not stop the growth of the cannabis market, it will continue to grow with or with out DEAS3/SAFER/Garland-Memo. All eyes on the DEA
Interesting read By Pablo Zuanic; https://zuanic.worldflowconnect.net/opendirect/a7dea591-dfd5-4bd3-99c3-792827c7dca8/240412%20FDA%20Commissioner.pdf?token=c53b419f-1d0e-424f-96ce-be9a12d4b6bf&extension=.pdf