Tags Posts tagged with "Nevada"

Nevada

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Cannabis

Senator Tick Segerblom, a Las Vegas Democrat, wants recreational marijuana sales to begin by June. The reason he is seeking the early start is just in case something happens to extend the state’s current timeline. The original target date was July 1st, six months ahead of a voter-mandated deadline. Department of Taxation Director Deonne Contine said the state will be ready by then to license medical marijuana dispensaries to ring up the state’s first sales of pot bought for fun.

Much of what the Department of Taxation is aiming for is stated in Senate Bill 302, which include implementing sales taxes and some new rules and the general provisions of the legalization initiative voters passed in November. Segerblom stated, “We’re not trying to compete with Taxation’s early-start program. If their early-start program gets out there, we don’t need this bill, but if there’s hiccups in that or something, this would be an alternative.”

Hearings will be held regarding the tax department’s proposed marijuana rules. Continue stated, “I would like to emphasize that I feel like that process is prudent and it is with a lot of thought and so I’m confident that the state will be ready to go on July 1.” With voter approval, Nevada legalized recreational marijuana for adults 21 and older last year. However, there’s nowhere to legally buy marijuana for personal use until the state allows dispensaries to sell it.

Segerblom’s proposal would give the dispensaries permission to sell. The bill will put the 10 percent state sales tax on recreational marijuana into play that Governor Brian Sandoval floated in January, as well as another 5 percent sales tax to benefit local governments. Segerblom said his measure would streamline collection. Segerblom said to Continue, “We both agree we want to have one inventory, one accounting system.”

The proposal would have the recreational marijuana industry operate under the medical marijuana rules that took 15 years to carry out in Nevada. It would be replaced by the tax department’s regulations once that agency begins licensing recreational marijuana shops. Segerblom said he had intended the proposal to get Nevada’s recreational marijuana industry off the ground even earlier, but there was a setback in the legislative process. The proposal would take effect immediately after his colleagues in the Democrat-controlled state house and the Republican governor sign on, a constitutional process that must be finished by June.

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Cannabis

Senate Bill 329, introduced by Sen. Tick Segerblom, D-Las Vegas, would loosen some medical marijuana regulations, an idea Governor Brian Sandoval has stated his opposition to. Senate Bill 329 proposes a plethora of changes to how the state deals with cannabis. It would allow veterans to obtain a medical marijuana card, add PTSD to the list of conditions that qualify for those cards and even make it so cards do not need to be renewed. Medical cards now last 12 months in Nevada.

The vast majority of cardholders in Nevada can only grow medical cannabis if they live more than 25 miles from a dispensary. The proposal would lift that halo, and allow all cardholders to grow, cultivate, and produce cannabis products. However, the bill could face resistance, even if it passes both the Senate and Assembly. At the first meeting of the state’s cannabis task force, Sandoval’s legal counsel, Dan Stewart, stated the governor is “not interested in action that would water down our current medicinal marijuana laws and regulations.” If the proposal made it Sandoval’s desk and he chose to veto it, a two-thirds vote in both houses would be needed for an override.

SB 329 also calls for several other changes, including:

Setting the foundation for state universities to begin researching the effects of marijuana.
transferring the state’s medical marijuana program from it’s housing under the Division of Public and Behavioral Health to the Department of Taxation, which is also tasked with creating and enforcing regulations for recreational marijuana.

authorizing “nonprofit medical marijuana dispensaries,” which would be able accept donated marijuana which it could sell for a reduced price to patients based on financial need.
requiring medical marijuana businesses to install security cameras which police can access in real time.
allowing for the cultivation and production of hemp in Nevada

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State officials recently said that Nevada still plans to launch recreational cannabis sales in July in spite of warnings of a federal restriction by the administration of President Donald Trump. Cannabis possession and sales are illegal under federal law, but Nevada voters decided in November to allow people age 21 or older to use pot recreationally. White House spokesman Sean Spicer recently said that the United States Justice Department will step up enforcement of federal laws restricting recreational cannabis. No immediate action accompanied the statement, came in response to a reporter’s question.

That has not cued the Nevada agency tasked with crafting rules governing recreational cannabis sales to change its timeline for ensuring dispensaries can open this summer, said agency spokeswoman Stephanie Klapstein. She stated, “As of now, the Department of Taxation is moving forward with our regulation development as planned.” The Democratic leader of Nevada’s state Senate, Aaron Ford, criticized the White House for what he called an “overzealous attack on the will of Nevada voters.” Republican Governor Brian Sandoval is currently budgeting tens of millions of dollars in cannabis tax revenue over the next two years to fund public education.

Ford stated, “Any action by the Trump administration would be an insult to Nevada voters and would pick the pockets of Nevada’s students.” He also claimed increased enforcement of the nation’s drug laws would constitute “federal overreach” and asked Nevada’s Republican Attorney General Adam Laxalt to make a statement similar to that of Washington state’s vow to fight any crackdown. Federal laws preempt state laws, but former President Barack Obama gave the states leeway to establish cannabis industries as long as they keep the drug from crossing state lines and away from children and drug cartels. It is unclear exactly what Trump’s administration will do.

Laxalt is analyzing the issue, spokeswoman Monica Moazez said. She stated, “Not every action taken by the federal government, much less every statement made by the president or his staff, constitutes federal overreach. Our office will continue to monitor this situation and analyze it according to the law and the Constitution, not speculate or jump to conclusions.” Nevada voters first voted to legalize medical cannabis in 1998 and gave final approval in 2000. After legal quarreling in the Legislature and local municipalities, the first prescription-only dispensaries opened in 2015. Trump said during his campaign for the White House that he does not oppose medical cannabis.

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Recreational pot shops might open in Nevada as early as July 1st under a deadline scheduled by the state’s top tax official recently. Regulators at the state Department of Taxation have been creating deadlines and regulations to govern recreational cannabis since voters in Nevada made it legal for adults 21 and older in November. Executive Director Deonne Contine told a panel of state legislators that she hopes to publicize a draft of those rules in March and begin accepting applications for temporary licenses to sell recreational marijuana in May, which would be far in advance of the state’s January 1, 2018 timeline.

Temporary licenses will only be open to medical pot shops in good standing with the state. Contine said she’s aiming to green-light those businesses to sell to the public by July 1st. Based on Contine’s unsure timeline, any entrepreneur could apply for a license to sell recreational cannabis in Nevada as soon as October 2018. Contine said Nevada’s laws will borrow heavily from the state’s medical cannabis rules and Colorado’s recreational pot laws. They will include a formula to set the wholesale price of pot, which will determine how much the state collects under a voter-approved 15% excise tax. The regulations also define how and who can transport cannabis.

While tax regulators work on those guidelines, Joe Pollock, an official who oversees the state’s medical cannabis industry, has increasing worry of how commercial pot will affect the drug landscape in Nevada. Pollock said of medical marijuana shops, “Basically the rurals don’t have dispensaries. If anything, I would be worried that the black market would move toward those rural counties because the recreational marijuana will not be available conveniently in those counties.” Of the almost 25,000 medical cannabis patients in Nevada, 482 of them are under the age of 21, according to Pollock, deputy administrator of the state’s Division of Public and Behavioral Health. Unless Nevada ensures medical cards and cheaper prices than recreational pot, Pollock said, those minors are some of the only patients with an incentive to continue using marijuana for medical purposes.

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mCig, Inc. (MCIG) continued to show strong growth on a quarter-over-quarter basis after the company reported preliminary results for the third quarter which ended on January 31st.

mCig has shown incremental growth following the company’s transition from a pure-play vaporizer company to a diversified holding company focused on the legal cannabis, hemp, and CBD markets as well as the picks & shovels approach with Greenhouse & other cultivation construction projects via their Scalable Solutions division.

Highlights from the company’s third quarter include:

● Generated $1.3 million in revenue (200% higher than the prior quarter) through its construction, CBD, and e-Cig divisions
● Reported $845,000 in net income (adjusted net income of $118,00), a company record
● Generated $341,000 in cash from operations and increased its cash, and cash equivalents to $420,000
● Reported to have more than $1.2 million in current assets with only $287,000 in current liabilities. This provides mCig with an acid test ratio of 4.3:1, its highest rating in company history.

The company’s success in the third quarter has brought total revenue for this fiscal year to $2.2 million. The revenue generated represents a 546% increase from the same period last year, and a 204% increase from last quarter.

MCIG’s net income during the quarter increased its total net income for the fiscal year to $716,000 (32% net profit margin).

From the Management Team

Michael Hawkins, Chief Financial Officer, stated, “For the third straight quarter MCIG has recorded record numbers. With its current contracts and booked revenue the Company will continue to see quarter over quarter growth in revenue.” He went on to say, “During this quarter we will revamp our segment reporting; changing from construction, wholesale, and retail; to construction, CBD, and e-Cig operations. We feel reporting on the segments under these new categories will provide a greater in depth review of our operations to our shareholders and investors.”

mCig CEO Paul Rosenberg said, “The cannabis industry is growing rapidly and MCIG has been there since the beginning. Management continues to focus on its business grow opportunities in Nevada, while continuing to service other states as well.”

A Trend to Watch

Over the last year, mCig has expanded its offering as well as the states it operates out of. The company recently entered its first business agreement in Maine which marked the sixth state the company is operating out of.
Investors should keep an eye on MCIG as this is a company to watch as they continue to expand their cultivation construction arm in the Nevada market, which we anticipate will become the most lucrative market outside of California. The continued execution coupled with a more attractive product and service line has made mCig an attractive partner for many businesses and we expect to see further expansion from here.

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Cannabis recently became legal for adults in the state of Nevada. However, farming it is illegal unless they live more than 25 miles away from a retail marijuana shop. This is an example of what’s called a “halo rule.” Marijuana Policy Project introduced this idea in the 2010 Proposition 203 that brought medical marijuana to Arizona. It mandated that any patient living within 25 miles of a dispensary could not grow their own marijuana. They would have to register with and purchase their cannabis from their local authorized dispensary. At first, this meant that all patients could grow their own cannabis, as the law went into effect before any licenses had been awarded to dispensaries. However, as the dispensaries opened, every patient within that 1,964 square mile area had to remove their marijuana crops.

The halo concept made its way to Nevada while their legislature dealt with the issue of dispensaries. The state’s law hadn’t authorized any retail outlets, but did allow for all patients to grow up to 12 marijuana plants for medical use. In 2013, the state passed a law that created the dispensaries, with a 25-mile halo rule included. Patients who were already growing were given until this past summer to remove their marijuana crops within the halos. Question 2 was passed in November, also with a halo rule, and with an 18-month lockout on recreational licensing for all but the existing medical marijuana retail shops, growers, and processors.

Washington D.C. and 16 states have passed medical cannabis laws. As legalization continues to increase across the country, our adversaries are going to understand that they can’t win the battle. Their main priority will be to assure that we can’t grow our own marijuana. National legalization polls lingered around 45% and no states with legalization in 2010. But since California’s Prop 19 failed, we have gone 9 for 12 in statewide legalization votes. Seven of the nine wins allowed for personal home grows with no halos.

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Seven states legalized marijuana in some form on Election Day. California, Maine, Massachusetts, and Nevada showed up to support recreational marijuana, while Arkansas, Florida, and North Dakota passed ballot initiatives legalizing medical marijuana. As the governor of Colorado said at the time the state legalized recreational marijuana in 2012, users shouldn’t “break out the Cheetos” just yet. Sales are still a ways away.

Here’s a summary of when residents can use marijuana legally within their states:

Arkansas
For the people who live in Arkansas with one of 17 qualifying medical conditions — including cancer, glaucoma, and fibromyalgia — may now buy marijuana legally with a doctor’s recommendation.

The downside is that there’s no one currently ready sell patients their medicine yet. A newly made state commission will start accepting licensing applications for dispensaries and cultivation facilities on June 1, 2017. It could be a year before the first retailer opens.

California
Residents of the one of the nation’s most pot-friendly states may now use, possess, and transport up to an ounce of marijuana — roughly a sandwich bag full — for recreation, starting immediately.

Yet, there’s no place to legally buy it until January 1, 2018, when the state can begin issuing licenses to marijuana dispensaries that allow them to sell nonmedical bud.

Those eager to light up before 2018 can still do so by becoming a medical marijuana patient. And if you happen to find yourself in possession of a friend’s bud, that works, too.

Florida
Florida broadened access to its existing medical marijuana program by adding 10 new qualifying conditions, including cancer, glaucoma, AIDS, and post-traumatic stress disorder.

The Sunshine State will begin issuing identification cards for patients and registering dispensaries and cultivation facilities by October.

Maine
The most nail-biting ballot initiative of the election gave Mainers the right to possess a whopping 2.5 ounces of marijuana, more than double the limit in most other states. It goes into effect 30 days after the governor certifies the election results.

The state has nine months to develop regulations for licensing recreational marijuana dispensaries and “marijuana social clubs,” delaying retailers possibly for years.

Massachusetts
Massachusetts, which made medical marijuana legal in 2012, will allow residents to consume and carry small amounts of weed without a prescription beginning December 15.

The ballot initiative clears a path for marijuana retail stores to open in the state as early as January 1, 2018, which could bring in some $300 million in new tax revenue.

Nevada
Voters gave a resounding yes to recreational marijuana in Nevada, where it will become legal to possess up to an ounce of marijuana, effective January 1.

The ability to sell will take much longer. The measure directs Nevada’s taxation office to implement regulations by the end of 2017 in preparation for a 2018 retail launch.

North Dakota
Patients with one of a dozen qualifying medical conditions may have an unprecedented 3 ounces of marijuana with a doctor’s recommendation. If the resident lives 40 miles from a dispensary, they may grow up to eight plants for personal use. The law takes effect in February.

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Tuesday night brought in the biggest electoral victory for marijuana reform since 2012. People in California, Nevada, and Massachusetts accepted recreational marijuana initiatives. In Florida, Arkansas, and North Dakota voters have approved medical marijuana initiatives. In Arizona, a similar legalization measure did not gain enough support to pass, having a 52 percent rejection rate.

Reformers were triumphant. “This represents a monumental victory for the marijuana reform movement,” said Ethan Nadelmann, executive director of the Drug Policy Alliance, in a statement. “With California’s leadership now, the end of marijuana prohibition nationally, and even internationally, is fast approaching.”
California has been a leader by both supporters and opponents of marijuana reform. California makes up approximately 12 percent of the U.S. population. The economic impact of the state could encourage federal authorities to rethink their 10-year probation on the use of marijuana.

“The prospect of Rudy Giuliani or Chris Christie as attorney general does not bode well,” the Drug Policy Alliance’s Nadelmann said in an interview. “There are various ways in which a hostile White House could trip things up.”

Nadelmann pointed to the success of marijuana measures during an evident Republican wave as a sign that support for legalization now cuts deeply across party lines. And quoting Trump’s often contradictory statements on marijuana and drug use in the past, Nadelmann added that “Donald Trump personally could probably go any which way on this.”

Legal marijuana is also making its way into the Northeast. “Marijuana legalization has arrived on the East Coast,” said Tom Angell of the marijuana reform group Marijuana Majority in an email. “What Colorado and other states have already done is generating revenue, creating jobs and reducing crime, so it’s not surprising that voters in more places are eager to end prohibition.”
Opponents of lega

legalization said they were disappointed by the outcomes. “We were outspent greatly in both California and Massachusetts, so this loss is disappointing, but not wholly unexpected,” said Kevin Sabet of the anti-legalization group Smart Approaches to Marijuana in a statement. “Despite having gained considerable ground in the last few weeks, the out-of-state interests determined to make money off of legalization put in too much money to overcome.”

In Florida and North Dakota, the votes on medical marijuana were decisive. Florida’s Amendment 2 passed with 71 percent support. In North Dakota, the AP shows 64 percent of voters approving of the medical marijuana measure.

“This is a major tipping point,” said Tom Angell of Florida’s vote. “With Florida’s decision, a majority of states in the U.S. now have laws allowing patients to find relief with medical marijuana, and these protections and programs are no longer concentrated in certain regions of the country like the West and Northeast.”
The victory in North Dakota was surprising as no polling was done on the measure before the vote. As well, the medical marijuana measure will allow doctors in North Dakota to recommend pot for several severe medical conditions.

Medical marijuana is currently legal in 25 other states and the District and with the passage of Amendment 2, Florida will become the first Southern state to pass a robust medical marijuana regime. “Better late than never,” said Ethan Nadelmann, executive director of the drug reform group Drug Policy Alliance, in a statement. “Most states outside the South already have legal medical marijuana, but the overwhelming victory today in Florida is likely to accelerate the momentum for reform throughout the region.”

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The votes are in and the 3 biggest states out of the 9 with initiatives for Medical marijuana and recreational marijuana have passed. California passed recreational marijuana, Nevada passed recreational marijuana and Florida passed medical marijuana. As I write this it seems that Donald Trump will be our next President and global markets are hitting the panic button, it seems that Gary Johnson is responsible for this, but we already wrote that story in June. Silver lining here is that Marijuana Stocks are event driven equities and the passage of laws for these three states is a major catalyst for an industry that has historically been recession proof.
Here are a few of the companies that stand to benefit from legalization by state

Florida: AGSTF (TSX:AGS)

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Arcturus GrowthStar Technologies just entered into an LOI to purchase a farm that is in a designation zone for cultivating cannabis. The company was pretty wise in this potential acquisition because the farm already produces $2.6m in annual revenue and if Florida’s amendment 2 didn’t pass their ability to quadruple yields with their controlled environment Agritech (CEA) would have still been a huge win for the company. Now that Florida has passed medical marijuana the potential for revenues is still rather large. It’s also important to note that there are currently 6 licensed producers by region in the state that will need to be expanded to meet what will likely be massive demand. Factor in that AGS hired the former VP of operations of Tilray which is Canada’s biggest private licensed producer and it stands to reason that their is an unknown strategy at play here. Canadian companies can touch the plant state side and still be public, unlike many of the US based public companies, but do not forget tAGS also has an urban farm in Rhode Island currently being built out.
On the chart AGSTF previously had resistance around $0.145 that was broken to the upside on heavy volume on October 5th. The stock went on to hit $0.384 on October 6th just days after we published a Connect the Dots piece on the company. Over the past month, we have been introducing our readers to this company as we believe they could play a major role in the overall marijuana industry’s expansion. The $0.145 area that was once resistance, is now acting as major support. AGSTF tested this level three times over the past month and held beautifully.

A descending triangle or wedge formed throughout October that was broken to the upside on massive volume on November 7th and experienced strong follow through on the 8th. If momentum is sustained it won’t be long until we see AGTSF test the previous high of $0.384. And a favorable marijuana ballot vote in the state of Florida could catapult AGSTF to brand new highs.

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HEMP is yet to really participate in the marijuana industry rally. But there are some key technical indicators to watch for a trade to trigger. Also their facility to process industrial hemp is about to be turned on. It has been a long road for Hemp inc, but they currently have millions of pounds of industrial hemp ready to process and turn into LCM’s. LCM’s are basically filler for oil wells that are being drilled and they are low impact on the environment, effective and cheap; they also go for about $2 a pound. It stands to reason that the shift in cannabis will make growing hemp US wide a no brainer. Hemp also has one of the only processing units in the country. As for the chart…

The $0.036 area has been solid resistance for several months until broken to the upside on heavy volume on October 21st. That $0.036 area is now acting as support being tested twice already. We also see a descending triangle/wedge pattern now forming. If the support area continues to hold, a break out of this descending triangle pattern on high volume could ignite a move back to retest the $0.055-$0.06 area.

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Nevada: MCIG

MCIG is one of the most well known companies in the Pot Stock space and they are also one of the few companies that has taken on any type of toxic financing to fund the operation. They have bolstered their revenues in the ecig/vape market, graduated to selling top notch CBD products in the US and international markets and created a division geared towards construction for cultivation operations called Scalable Solutions. Nevada just passed recreational in an already red hot medical marijuana market. We are about to see an explosion of new money come into the state in order to support the license holders or current license holders will ramp up production that will likely be at a deficit. Supply and demand issues will be an absolute windfall for MCIG and this decision. Its actually quite exciting when you consider there is absolutely nothing in MCIG’s way in terms of debt and legacy shareholders. Factor in that they have roughly 70,000,000 shares of VTCQ stock which is trading at .01 and it stands to reason they will be able to self fund any expansion they may need to meet what will surely be growing demand. On the Chart…

MCIG continues to trade in a strong uptrend on very high volume. After breaking through resistance around $0.135 on November 2nd, we saw that same $0.135 area hold as support on November 4th. Volume has remained high throughout the breakout as MCIG briefly made new highs on November 8th but failed to hold a green close finishing the day -0.75%. $0.18 is now a new minor support level heading into a critical marijuana ballot in the state of Nevada. A favorable vote in Nevada would do wonders for MCIG and their operations. And with no debt conversions or dilution on their books, there shouldn’t be much to hold MCIG back from making a push to the $0.30 area or higher should we see a favorable marijuana vote in Nevada.

California: MSRT

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The easiest way to explain this is that the vote for recreational marijuana just passed in the biggest state and now this market completely opens up to the company as growing demand for advertising will be needed for the flood of new companies, products and native consumers. On the Chart…
MSRT has a resistance area in place along with a double top at $1.08. MSRT has two support areas in place from gap ups that need to hold in order for us to break through the double top. These levels are $0.97 and $0.75. A break above $1.08 on high volume could take us to the $1.50 area possibly testing previous highs from April of this year.

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The impact of today’s marijuana legalization ballot initiatives will set the course for the next four years’ drug policy in the United States and hopefully pave the way for a more inclusive, less archaic system. If the polling data stands tomorrow as it has for the last week we can also be seeing a boost in capital markets associated with Marijuana Stocks from the Nasdaq to the OTC. California, a long bell weather for social change is pivitol to US consensus with regards to marijuana. Should they, as well as other states, legalize the use of recreational marijuana, many onlookers, pundits and politicians including President Obama could get behind a paradigm shift guided by the logic that current prohibition is doomed to fail.

The initiatives in the state California and Massachusetts seem to be strongly supported to pass, with recent polls showing support over 60% in both states. The Nevada and Maine seem to be coin flips if you account for the margin of error in averaging out polls, yet margins are still in favor of passage. Arizona is another state that is a coin flip, you can thank INSY Therapeutics for their $5,000,000 contribution in opposition of the bill. Clearly Big Pharma realizes that it’s a zero-sum game and marijuana passage destroys their bottom line as pain medication is the industries bread and butter.

California:

The most current poll, by USC Dornsife and the Los Angeles Times, reveal 58 percent of voters are in full support of the measure while only 37 percent stand against it. Keep in mind that most of the revenue generated in the United States comes out of California just on the medical marijuana side. Recreational passage seems likely and a flood of investors both public and private will rush to dip their toe, if not their whole bodies in the California market. Ancillary companies aiding in this expansion both public and private stand to make large investments into this market. The average of all polls on the question that took place since Sept. 1 displays 56 percent of support for the measure, while 32 percent opposed to it, and 8 percent are not sure how to vote.

Nevada:

Currently polls in Nevada have revealed conflicting outcomes, there has also been a lot of money coming in from casino mogul Sheldon Adleson to try and keep gabling the vice industry of the state. Last year, Adelson contributed $10m to defeat the measure in Florida, still polling data is leaning towards passage in two Bendixen & Amandia International polls. The Rasmussen poll show stronger support for a market that is already well capitalized. Should the measure pass, Nevada and the Las Vegas market will be in our opinion the best game in town. Low cost of energy and cheap water (surprisingly) will have infrastructure measures being scaled up.

Arizona:

Polls show that the state of Arizona is the one true toss-up among the five marijuana legalization measures under consideration. Throughout six surveys that were carried out since September 1, the measure has crossed the 50 percent threshold only 2 times. Averaged out, the numbers show 47 percent of support for the measure, 46 percent who are not in favor and stand in opposition of the measure, and 7 percent undecided. The direction those undecided voters take will determine the fate of the measure.

Maine:

Maine is hard to tell with two polls on the marijuana measure have been fielded since Sept. 1. Both show favorable support for the measure, averaging out at 52 percent & 40% who oppose it, but it’s Maine. No one is there and we don’t anticipate a robust market to start.

Massachusetts:

God doesn’t want Massachusetts to have medical marijuana? Didn’t jesus heal the sick? The Boston Archdiocese of the Catholic Church donated $850,000 dollars to fight the measure, the biggest donation ever from a religious party on any side of a marijuana initiative. Maybe they should work on fighting alcohol since it actually kills people. It didn’t look good for Massachusetts, but maybe the drunkards will be hungover and vote yes for the measure. The silver lining here is that since September polling averages show 54 percent support over the latest six polls, with only 35 percent opposing it, so maybe the devil has a sense of Humor.

Florida:

Amendment 2 will pass because we have been spending big bucks supporting it along with United for care, John Morgan and a bunch of others. Latest poll said 73% in favor and Floridians would be morons to not vote #YesOn2 since this is a state that’s main industry besides tourism is real estate and with banking restrictions the only way people will be able to launder their profits legally they’ll have to use real estate. Keep in mind that this measure will be expanded most likely because the current license holders will never be able to meet demand. Also factor in Florida neighbors watching closely, especially in the bible belt as opioid addictions drop and tax revenue swells. Companies positioned here will have 1st mover advantage and there are already a few on our radar, but rather than say which ones, we would rather get people to get out and vote. Tomorrow we will tell you where the opportunities are at. Cheers-

@Wolfofweedst

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