Post by
mungerman on Apr 20, 2021 3:53pm
If Schumer prevents Big Tabacco and Liquor...
If he makes it so that Big tabacco or big alcohol are limited in the retail stores they can own (for more social equiality), they wont be able to buy MSOs. That would make the LPs the likely buyout targets. Ontario has a similar law where LPs are not allowed to own retain chains. If a similar law is passed in Schumers social equity cannabis plan than the big money will flow to wholesale and since LPs are the top wholesalers than they have a huge oppurtunity. You can argue Cresco is a top wholesaler but they dont have the economies of scale the LPs have.