$Akanda(AKAN.US)$Is everybody selling? Dear God, chill hahahaha. Guess it has to go all the way down to .08 or even. 05 before it will go up again, sheesh.
$Akanda(AKAN.US)$The U.S. Drug Enforcement Administration will move to reclassify marijuana as a less dangerous drug as soon as Tuesday, CBS News has learned, a historic shift to generations ofAmerican drug policythat could have wide ripple effects across the country. The DEA's proposal, which still must be reviewed by the White House Office of Management and Budget, would recognize themedical uses of cannabisand acknowledge it has less potential for abuse than some of the nation's most da...
$Akanda(AKAN.US)$The DEA announcement has already injected billions of dollars into the publicly traded cannabis market. The total economic impact generated by marijuana sales could surpass $112.4 billion in 2024, up a 12% from last year
$Akanda(AKAN.US)$Currently, in the U.S., cannabis businesses exist under a crippling tax burden, often exceeding 70%, according to industry reports. The DEA’s reclassification to a Schedule III drug could significantly reduce these taxes, bringing them more in line with other controlled substances. This would translate to improved profitability for cannabis companies, boosting their bottom lines and potentially fueling future growth
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Guess it has to go all the way down to .08 or even. 05 before it will go up again, sheesh.
Looking for advice..
5/2/24 jj’s Watchlist.🚨🚨🚨
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The DEA's proposal, which still must be reviewed by the White House Office of Management and Budget, would recognize the medical uses of cannabis and acknowledge it has less potential for abuse than some of the nation's most da...
The total economic impact generated by marijuana sales could surpass $112.4 billion in 2024, up a 12% from last year
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