RE:RE:FOXTheProphetElijah wrote: geodcan wrote: just had a blurb on the state of affairs for the marijuana biz in California.
Apparently the cartels and such are running some very nice looking storefronts selling illegal, untested, un-trackable weed products in some pretty decent packaging, at least as appealing as Canadian packaging allows.
I have thrown out a theory of what the problem is to get the pot biz sorted out in the US and clearly that is enforcement.
Therein lies the problem. Could it be that the legalizers are afraid of cartel repercussions to themselves, loved ones and friends????
For that, I don't know what the solution is other than legal potpreneurs upgrading their sku lineup such that the value added component is beyond the capability of the bad guys. I'm thinking more than just a bag of weed, although the cartel and illegal storefronts seem to have more than just that.
Maybe I am barking up the wrong tree, especially when you consider the whole damn government is willing to break the laws of the land or rewrite them to suit themselves and that goes far beyond the pot biz.
Politicians are happy to point out the normal lawbreakers but unwilling to do anything when it goes above blue collar level and lower. Of course I am thinking about the whole securities business and the bankers and brokers, marketmakers and manipulators.
When I suggest that some of these guys need to be shot, maybe not shot but definately get a hurtin' put on them for impersonating the good people of society when they are as crooked as a dog's hind leg.
Think of how much hurt they have inflicted on trusting people by stealing their hard-earned investments with all of the twists and turns deliberately instigated into investment vehicles that direct the value of those investments into their own personal pockets, a lot by conversion and special options and warrants to go along with overgenerous renumeration by securities brokers whose intention is to clean out the unsuspecting.\
They are going to ruin this for all as an essential source of money for those who don't make the banks standards for lending. There's a lot of good companies that have been manipulated by shortsellers ganging up and coercing with each other to ruin companies with good potential before they even have a chance.
Smart crooks in the securities biz get the immunity idol plus the cash while some poor old pot smoker gets 30 years incarceration.
I am not even an American but will contribute to an honest politician leading a 3rd party coming up the middle of the clusterfuch they have going on in the US right now.
Grass roots for the people party, not the keys to the wealth of the country with self serving gestures.
Here's a billion dollar bust in illegal Cali bud:
https://www.cbsnews.com/news/marijuana-seized-california-billion-drug-bust-illegal-cultivation/
This happened a year and a half ago and I am sure another one sprung up to replace it. Illegal grows have been successful for decades for all kinds of reasons, mainly demand. I suspect that adulterated or poor quality pot is rare and the old dealer/consumer network is well engrained.
The MSOs and LPs have to come with better options and the ridiculousness of busting an illegal one day and having him start up again 7 or 8 times in the same place suggests serious enforcement problems probably causing frustrated enforcement officers and hand slaps from judges.
I am sure beverage alcohol isn't ready to give up control and revenue from their offerings at least until the politicians get their shyt together and the politicians are counting on those donations from the alcohol guys whose business has sorted itself out enough to be profitable and capable of making those donations to their politician who has tucked his nose up their rectum while waving fists full of cash.
Once the alcohol guys have the path cleared to serve pot infused beverages in the normal venues, that will be the breakout point for them to come charging in and most of them are already positioned. Even pot companies like Tilray are picking up bottling capacity in the US so they can do rapid switchup to pot and hemp infused to control that segment of marketshare that they have already anticipated losing.
STZ put up $5 billion to be a big part of Canopy and kept Acreage alive and several other companies of interest to this effort with their creative, lawyer/accounting deals to happen in the future when Schumer and the like get around to legislating the sting of the Feds out of the equation.
Now Acreage has been turned around and Canopy is pulling out of Canada, it seems and putting their efforts into doing business in the US where some of the MSOs are making money.
Americans are good business people and will make this happen in the US with forward thinking companies like Constellation Brands leading the way. A lot of lobbying has been done and it is time which is probably why Canopy has put the US on notice that they are in the crosshairs.
Canopy is one of the top leading pot companies in the world and with our Constellation Brands ownership of our shares, really identifies with a US company by the shares owned by Americans, despite the legality of being able to buy them.
Constellation are hardcore businesspeople and very proactively leading the charge for MSO in the US with their deal with Acreage, Gage, Wana, Stors and Bickle, Martha Stewart and Bio Steel. Canopy has just revamped a 300k square foot New York facility and have invested in or lent money to US related companies of interest.
Constellation put up $5 billion for Canopy and more for the above mentioned companies of interest. They have lots left for their fight for leadership on US soil and I don't think they will back down if it takes another 5 billion because they are doing what they feel they need to to control the fortunes of Constellation and get a return on investment.
They are big futuristic proactive businesspeople and cannabinoids are their new division.
glta and dyodd