
AOC & the GOP's new #cannabis legislation would help states expunge criminal non-violent records.
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<p><span style="font-weight: 400;">Janet Yellen Says 'Of Course' Cannabis Companies Banking Their Billions Would Help The IRS.</span></p> <p> </p> <p><span style="font-weight: 400;">U.S. Senate Majority Leader Chuck Schumer said his federal marijuana legalization bill is intended to provide opportunities to small businesses and minorities, not the “big boys.”</span></p> <p> </p> <p><span style="font-weight: 400;">Yet the largest cannabis companies are relatively small. #BUD & #MO each have more than 10X the market cap of the largest U.S. MSO Curaleaf. BUD has enough cash to write a check for Curaleaf and could finance the $25B purchase of the top five competitors. </span></p> <p> </p> <p><span style="font-weight: 400;">Schumer’s goal of keeping big companies from dominating the cannabis business represents either naivety or political posturing. The industry will inevitably be swept up in a wave of consolidation post-legalization: the economics are too powerful to deny.</span></p> <p> </p> <p><span style="font-weight: 400;">Episode 842 The #TalkingHedge dives into The Fed's New #Marijuana Bill...</span></p> <p><span style= "font-weight: 400;">https://youtu.be/kWFxBN</span></p>
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AOC & the GOP's new #cannabis legislation would help states expunge criminal non-violent records.
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