What They Are Not Telling Us About CannabisChuck Schumer is heavily backed by Big Phama special interest groups control the alw ans the narrative regadless what others may say. Even if Schumer passes SAFER Banking in the Senate, the House is run by Republican's with speaker Rep. Mike Johnson who has voted against cannabis at all levels. With Big Pharma pushing to block SAFER with an anti Cannabis Speaker in the House, the path forward does not look good.
Thats ok we still have the DEA, right? One thing people are not talking about is when the DEA gives us their update there will be law suits that will prevent SC3 from moving forward. Big Pharma will do everything in their power to hit the breaks. A legal case againsgt the DEA could drag us out a few more years..
So what are we left with if the Legislative (SAFER) and Executive (DEA-SC3) branches are blocked? The Judicial-SCOTUS- is and has always been the path to take cannabis to the finish line. Just like Gay marriage was not able to get Any support in the Legislative and Executive branches. So The Gay community put all their weight in winning the small battles first, state by state until they had a majority 37/50 and then took their case to the SCOTUS and won!
All things considered we are still years away from getting real reform at the U.S. Federal level. Curaleaf is by far in the best position because they are a well run and funded company in a business that is growing at 14.6% YoY. They are now on the TSX & in Europe. Germany's market will be opening up hopefully by next year, which will give CURA a greater opportunity to grow their cash flow with out barriers like in the States. CURA has a massive opportunity to list on the Frankford Stock Exchange. Institutional investors will be able to take advantage in buying the largest cannabis company not just on the TSX but potentialy also on the FSX. There is No other cannabis company with this kind of first mover advantage.
Will Boris pull the trigger? Its a check mate move which would truly crown Curaleaf as the King of Cannabis and the red carpet will be rolled out for Curaleaf when the time comes for their listing on the U.S. exchange. SCOTUS will rule in favor of cannbais as the majority has spoken, just as they did with Gay marriage. AIMO