SAFER does not guarantee safe harbor to the senior exchanges - it also doesnt prohibit it. SAFER allows US cannabis companies access to banking services, financial institutions and institutional investment. Most 'experts' feel that with the relaxation and access to banking - cannabis will be 'normalized and allowed to list on senior exchanges. It's hard to imagine the federal governemt imposing fines on teh senior exchanges - but allowing bank and financial institional commerce.
US federal law does not allow cannabis to be imported - as you state, recheduling does not legalize cannabis. But even if fully legalized, there's no guarantee that the US will alow rec or medical cannabis to be imported - Canada does not allow importation.
Another poster stated that Florida would allow Canadian medical cannabis - pretty uninformed and simplistic. The reality in Florida is that Trulieve, the states largest medical supplier - with dispenseries throughout the state - also contributes 97% of the state GOP political fund.
If you think the Florida GOP led government is going to allow medical cannabis into Florida to compete with in-State producers in the sector, do a reality check. The cannabis lobbies in each state - having just got re-scheduled will push for protectionist laws to protect each states cannabis sector.
Having distribution channels with alcohol in no way guarantees that Tilray would be allowed to use those channels to distribute cannabis - and seems highly impractical logostically speaking. Current alcohol laws vary from state to state - federally legal or not - it's the state that will decide who and what is distributed within it's jurisdiction.
Comment by
Goldie38on Mar 25, 2024 10:40pm 7 Views
Post# 35952138
RE:Where to Invest?
How does SAFER passing get MSO on the major exchanges, Isnt it just increased access to financing from banks? That was my take on that legislation. Rescheduling is no sure thing to get MSO on the major exchanges either.
How do MSO get on a major exchange until it's legalized in the US federally, does anyone know
Isn't that the reason Tilray is listed and MSO are not? MSO still producing rec cannabis that will still not be legal?
If rescheduling happens Tilray will likely be able to import medical cannabis products like other medications They are already GMP certified in medical. Already set up with distribution channels from their beverage / alcohol business in US.. Already selling CBD beverages in the US.
And when rescheduling does happen, they are already listed unlike the MSOs who will probably still not be on any major US exchange.
In the meantime Germany just happened,and excise tax reform is also happening, both positives for Tilrays future bottom line.