OMOLIVES
3 weeks ago
Yes and no. The legal reefer game is a shite' show. Money laundering is heavy and so is the black market coming off of excess inventory. If I were a bank, I would certainly want a buffer beyond any newly instated law. I would also want that as a trusted dispensary. So, profit margin may decrease and the banks would retain(gain on) the company's margin loss, but volume should increase.
If said act would pass, taxes would increase. Remember, when the Government enacts something...it usually fks' it up.