RE:Legal Bud Not Happy, More Biden?You do know that it is Schumer, a democrat, that has been ramrodding this SAFE bill but the mistake they are making is lumping it in with the defense bill or any other bill to get it passed. It brings out all of the "negotiaters" who want to put personal self-serving deals in there too, which just wastes more time such that they have to cut out any addendums to get it passed .
The defense bill is a have-to bill to keep that big war manufacturing machine going to keep political contributions coming in.
I would be interested to know how many Republicans are invested in the jail system as an investment and if that is why they are always blocking any kind of bill that will shorten their lineup of criminals to house in their prisons.
Both parties should be happy with another revenue stream from taxation reeled in by the legalization process and the fact that most people are in favour of making pot legal in some form of a universal bill that would take the regional State confusion of different laws in favour of one law applies to all.
There's some big, well established businesses showing that they are in favour and willing to invest in the cannabinoid business.
Canopy is one but has the stigma of being a Canadian LP but still a leader imho. What seems to be getting forgotten is that Constellation Brands which is a $48 billion marketcap, dividend payer doing business on US soil as well as International and they have taken the wheel at Canopy to join the new cannabinoid vice to be a part of the change they anticipate to complement their existing beverage alcohol lines.
Constellation saw this taking a huge bite out of their marketshare and paid dearly to become a partner and a leader and with Canada dragging anchor on dealing with what the consumers want and the lobbyists need have made some serious inroads to the US with a leading US MSO, Acreage Holdings being the anchor point for US expansion.
Constellation didn't stop there but have several other like minded public companies lined up by investment or loans to represent a bunch of brand name skus, some of which are already flying off shelves in the US.
Constellation has announced that they will be moving ahead on their US assets expansion despite the concerns over the FEDS and their heavy hand penalties that most US MSOs are able to work around, so far.
Canopy brings over 100 skus to the deal, IP, recipes, sales knowledge of which skus are successful and are a leading cannabinoid bottler in Canada which plays right into Constellation's wheelhouse to complement their beverage business.
Constellation feels that it is the right time to test the water and are trying to bring this alltogether to make a huge splash which sometime in the future may be separated into beverages and other style skus but first we need to see if there is Fed resistance beyond what is already floating around.
Good day, bad day today as I got my WEED order filled. I got what I could afford with a slight increase in my total expenditure and a few thousand less shares than my first bids, but I am in, pretty much back to my original sharecount from the good old days. Good news is the sp seems to have bounced a little off my recent bid.
I was pleased to see the Democrat get in and bolster up the Senate numbers. Hopefully the Dems will stick together and grab up a few Republicans to deliver the pot bill that launches the US greenrush. 10x what happened in Canada, minimum but dyodd.
glta
quote=OptGreen]Sure doesn't look like the legal industry sees any love with Biden/ Obama back? Not that anyone is shocked by any means and while they maybe back but with a healthy wing clipping and many Reps are ready to be productive in opposition.
The DOW, S&P, NASDAQ are hardly jumping with joy either but this could turn out very well as long as the Reps know what is available to them and use it to the max benefit of their work, in their improved position. There is much pressure out of the gate on Biden's wide open south border, along with other majors, of which all are of high importance and require immediate attention as well and if done properly, the Oval in '24, especially if Biden runs. In any case we need to see reasonable legalization in place stateside with the federal side on board as well. JMHO...Opt[/quote]