RE:RE:RE:RE:Plastered in Vegas.Great post X-Porter.
Now we have Dem President and will they approve the SAFE? in their 1st sitting or not?
Vaccines are coming right,left and center from entire world, will that help revive MJ Industries, not likely.
Focus has to be on SAFE and not CASH X-sactions for purchase and reporting by these companies which will also open up the Banks and other BIG INVESTORS to invest in 1933 and others.
The Catalyst is "SAFE".
theTransporter wrote: Dillinger4 wrote: We are not going to see a meaningful increase in share price until a vaccine is distributed to a decent amount of people, the lockdowns are lifted and fans are allowed in Allegiant Stadium.
Why do you think that?
Cananbis revenue in Nevada is smashing records during COVID actually.
State of Nevada cannabis sales numbers are at an all time high with only 50% of the tourism traffic.
Prior to COVID, the highest revenue month was January 2020 which recorded $64M in sales. COVID brought that number down to $43M and $42M for March and April respectively.
July 2020 and August 2020 saw revenue numbers of $78M and $79.6M respectively with just 50% tourist traffic. Compare to July 2019 and August 2019 that saw $60M and $62.8M respectively. That's some incredible numbers considering the tourism drop. Imagine what it will look like once it's back to 100%.
Source of data: https://tax.nv.gov/Publications/Marijuana_Statistics_and_Reports/