RE:RE:RE:RE:RE:RE:EXPANSION EXPANSION EXPANSIONI'm much more critical than most when it comes to Federal legalization - AMA operates in a fully legal recreational market with a limited license structure and zero competition from Interstate commerce. While access to banking and US capital markets has appeal, the commodification of cannabis from low cost producers (of which TGIF is not), will diminish wholesale margins and place far greater importance on lean operations. They're in no position to benefit from product export, they can't even fulfill needs within 1 city let alone the State. Players in NV, as with most Eastern seaboard States that have adopted limited license regulatory frameworks, are far better in State legal markets than widespread Federal legalization. The best case scenario is maintaining the status quo while federally allowing banking and market access.
MRhandsome wrote: i agree with you Bar10der,, 1 thing to take into consideration that you left you thou is the fact that WEED, ACB, APH all stayed in the dog house until rumours of canada doing a full legalization was in the air,, thats when they take off,,, 6 dollar a share for this while its still federally illegal dont seem right,, canopy wasnt 6 dollars a share until after the rumour,, now the question is when do u expect your {if your american} government to do something about this? thats the bigger question for me,,, personally i think they need what canada has,, a young leader,, a person who grew up in our gen and thinks like we do,,
as long as these old rich 70 year old men keep running that country i cant see change happening, can you? i am not american or living in america so i am just on the out side looking in,, i cant be for sure about it, but for the americans in here,, do u guys really see the gov doing something soon? on a federal level? i dont follow american politics enough to really know, or speculate, but they way trump talks and sessions for that matter. i can't see it changing till at least they are out of office and thats is years away,,,
as a canadian seeing what already happened in my own country where rumours of full legalization happened, i am salivating at just a whisper of the american gov doing full on legalization,,, stocks like tgif, lhs, cvsi and so on are gonna just explode,,, until then they will lay low just like the canadian stocks did,,, at least that is what makes the most sense too me at this point,, any one else have a more logical way this could go?, i like to here that perspective so i can weigh whats the better choice,, my idea of where this is heading or yours