Possible...maybe. But another primary question would be whether states would want to aggravate their local operators who they have been working with(and politicians collecting donations from) for years to bring in out of state product that may or may not be cheaper than local.

Ever wonder why Rescheduling or even small regulatory reforms in mj are so difficult? Well...there were/are people in government who worked with advocacy groups to put out content like this historically and Congress broadly had this attitude up to the late 90s(or later) on mj.

Medical Marijuana becomes cannabis-based medicine Pharma enters in big way Lots of steps along the way that offer opportunity in the ecosystem after 4 years of survival mode. But medical side seemingly biggest lift early.

-this leads to more open, informed patient/doctor discussion -cannabis becomes part of the health regimen -insurance reimburses many therapeutic uses(whoa Nellie!) -no barriers to therapeutic use -research drives more targeted cannabinoid products

Watch therapeutic use of cannabis amongst 50+ age cohorts explode post rescheduling to 3. -Trump announces it (meaning everyone now knows-Trump creates more widely viewed news) -even in legal states, fed illegality affects mindset -now doctors can more freely recommend

Wouldn't more accurate description of rescheduling effects be "End of overtaxation through one arcane tax provision" or "End of Punitive Taxation" than "tax break". But agreed that folks may not realize how much cash this sucks out of canna cos annually.

Well, we now know who on the Republican side receives the most alcohol and pharma money... foxnews.com/politics/house-r…

@StrainStars_ commercial on @espn after MNF....NY changed its rules on advertising or are we in Yolo territory because of impending Trump announcement?

Can you get a better endorsement/acknowledgement from an administration that cannabis should not be on the CSA Schedule I than the wild juxtaposition of a Rescheduling Executive Order vs droning (fentanyl or other narcotic smuggling ?) boats? bloomberg.com/news/articles/…

Medmen maybe too

Making a joke about spending of certain cos. Not sure that actually happened.

We know Kraig well and have seen him face some hairy storms in the space. This is a great summation similar to what we have been writing to shareholders for 3+ yrs with our only addition being how this all affects ancillary cos. Well worth the read. ubetadvisory.com/f/why-is-th…

Maybe if an ETF didn't hold derivatives that get massively shorted against than stock prices would have held up better which would have helped capital access, which would have helped......everything. Not the only cause. But a major issue on the pubco side.

Non presidential election years typically mean higher percentage of single issue voters or more hard-core politics. Probably bodes well for cannabis due to near miss in 24. But obviously optimism is frowned upon in our space rn.

Holy cow. First American to use the phrase funded capacity!

Eventually these moments lead to bigger things and bigger in state numbers. With stocks trading near lows, shifts like this would jog sone of the apathy/inertia. Whether they will or not is a different question.

Not sure how closely you read our historical analysis, but we have been talking about these smaller normalization milestones for yrs. NJ leads on workers comp adoption of mj, has well settled law forcing insurers to reimburse and is one of the insurance leaders of the US.