Tilray Brands, Inc. TLRY

Tilray CEO Says This 'Hinders Our Ability To Compete

[Tradinghands]

Tilray has serious cracks in its future and with the DEA dragging their feet like every other year these stocks are under pressure as companies close shop. I'm not seeing any DEA decision till after the election and theres a lot of government changes that would have to happen even after any ruling. Theres no denying that all cannabis stocks were in serious trouble before the media started to hype up this sector. Its too easy to grow your own and just 1 plant leaves you with 7 months of pot. 

No Cannabis Tax Relief In Canada, Tilray CEO Says This 'Hinders Our Ability To Compete With The Illicit Market' (msn.com)

Canada’s finance minister warned about cannabis industry ‘financial distress’

Canadian official warned about cannabis industry ‘financial distress’ (mjbizdaily.com)

[quinlash]

The blackmarket doesn't pay taxes so ANY amount of tax will hinter the Legal Cannabis Companies from competing with the BlackMarket. Here's what you can speculate on: - How many new users of Cannabis (Rec or Medical) are opting to buy their Cannabis from the back of a car in a dingy alley somewhere ?    - How many "legal-looking" blackmarket website will get shut