God bless the dispensaries!! The only way to obtain top notch edibles. Just got to hope the feds keep their damn noses out of the state's business.
This is the biggest concern with investing in any MJ stocks. If the Feds decide to get heavy handed, these stocks could become worthless in less than a day!
My concern would be the big boys (RJ Reynolds / Phillip Morris - (Now Altrea group I think)) would tear these companies to shreds if it was legalized.
However, I don't see even the govt shutting down the big guys once they get the green light. The problem as I see it is this stupid Federal law that needs to be repealed. It may be legal, but if it;s illegal on the federal level, most corporate charters prevent corporations from being involved in illegal activity.
And as a tax issue, I know the money you make from selling illegal drugs is taxable, but the expenses to obtain the product are not tax deductible. I don't know how these rules apply to dispensaries operating legally, but those are the rules for joe the drug dealer. T
May God bless and keep you always
May your wishes all come true
May you always do for others
And let others do for you