Curaleaf Holdings Inc T.CURA

Banks Find Loophole in NY to find illegal cannabis

[blackspade799]

Major banks are funding thousands of illegal cannabis companies stores through loophole 
it all makes sense now, key reason NY has stalled in granting legal cannabis store. The
Banks landlords are all in on it...



https://news.bloomberglaw.com/banking-law/new-yorks-weed-stores-are-exposing-banks-to-illegal-drug-sales#:~:text=The%20proliferation%20of%20unlicensed%20marijuana,intertwined%20in%20the%20cannabis%20business

[blackspade799]

It makes sense the banks, the landlords were all capitalizing on the 2000 illegal cannabis shops in NY. Government can easily shut down these shops if they wanted to. Not sure why government in NY is letting them stay open? Are they taking a blind eye because the banks are telling them too?? It would be much more beneficial if they let legal cannabis stores open and collect the tax rev. Maryland

[Luminous]

Green rush should start within a couple months, it was Oct last year Biden called on HSA to review mj for reshedule, they have up to 1 year to do so.  It is almost Sept now.

[blackspade799]

I do not think Secretary Xavier Becerra or Sen. Sherrod Brown will do anything till next year, The Dems are a complete mess. I know CURA will start to show its strength in Q3 as they will be out of Cali,Org,Col and will start to show new growth from their new markets. 

[Luminous]

I think it will be sooner, then Biden signs executive order next year.  But by next year the sector will have already taken off.

[TheProphetElijah]

Could be happening right now, people getting back from vacation slowly.

[Luminous]

Accumuated up on 500k volume then dropped for a day low by 100k shares. Manipulation for accumulation.  Lather rinse repeat.