RE:RE:RE:Medical Cannabis Explosion Just Got Realblackspade799 wrote: Can they take market share away from MSO's who are making Billions in Rev and will now be getting millions from the 280E Taxes? No chance! Canadian LPs can not sell to the U.S. If they do, they will have to de-list from the NASDAQ. As they said in the BNN interview.
The 280E tax break will be massive for the U.S. MSOs. Plus NY, Ohio, and Florida opening up will be massive for CURA and Germany which will 2x-3x their business by 2025. May 9th Q1 will be interesting. :)
Yep, Irwin all but resigned to the fact that medical is their only play to enter the US now. Even then he said he would have to confirm that, as the rules are not written yet. Even then, medical represents 25% of the market in Canada so even if they could sell medical in the US the retail market would still belong to the MSOs, so they could squeeze Tilray out with price compression. Top 5 MSOs will be tough to push out of their respective markets.