PINL:HERTF - Post by User
Post by
calderneton Jun 05, 2018 10:22am
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Post# 28125496
Trudeau's "Iron Will"
Trudeau's "Iron Will"I assume money for cannabis stocks is on the sidelines because there are doubts that the Prime Minister will actually stick to his word about legalization (given how flakey he is on other matters) ....and even when it does become legal, will weed companies be hampered by government regulation and over-taxation?
Already the July 1 date for legalization was pushed to the fall....it's still not 100% it won't be further delayed.
And how much freedom will marijuana companies have with different blends, strengths, flavours, branding etc.? .... there's money to be made with weed, but I don't see people switching from their current dealers to buy their s**t from a government-licensed store if it's too inconvenient and pricey, or if they can't get the same type of product they are accustomed to.