Agreed on the greedy government Dadon. The total tax burden absorbed by cannabis businesses in WA is 37%, now collected all at the point of sale. The retailer currently enjoys the best position relative to producers and processors. They pretty much insist on 100% gross margin, which in turn squeezes the grower and processor. Add 280e on top of that, which prohibits business deductions and it's a tough racket for those in the business.
BTW,
How bout that RMHB action today? If this is the pullback, then I am incredibly happy.
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