RE:RE:RE:Tax reform uncertain SCQuin, I fear you give The Boy far to much credit with respect to his level of concern for Mj.
Quite frankly, after having witnessed what could best be described as abject ambivalence by the Liberal Government since the inception of legalization I can only conclude that he and the Wicked Witch of Finance really DON'T GIVE A SHYTE either way with regard to the fate of the Cannabis Industry in Canada.
It almost seems they'd like to hand it all over control to First Nations to make it work.
I fear this could spell the end of Auxly as we know it.
Auxly is focussed on Canada and without GMP certification is not likely to see opportunity's for export any time soon.
Auxly is also heavily invested in Vapes which are taxed at rates as high as 50% of the retail price of some units.
Without tax relief and with ultra low cash reserves I expect a Capital raise is now more likely required than not in the near future for Auxly.
I can hardly bear to say it but settoretire could very possibly see the share consolidation he's been calling for through the last 4years at the next AGM.
Total faakking bummah!!!
Please tell me I'm wrong...
cheers