With NY’s legalization last week eleven states legalized cannabis between 2012 and 2020 and now seven states have legalized cannabis in the last 5 months. If you were looking for the "tipping point" I think a good argument could be made that 2020 was it. The big question now What will senator Schumer of NY propose in the coming weeks?
The decline in cannabis stocks and especially GRAMF has been painful. During this downturn, the industry fundamentals have only gotten stronger with NY and other states opening up to medical and recreational sales. So why the weakness in the industry, we will discuss these and other issues with Michael Auerbach on 4/14 at 10 AM EST. Michael is an entrepreneur, cannabis investor, business consultant, media producer, and private diplomat. He is the Founder of Subversive Capital, which is dedicated to investing in radical companies whose core missions subvert the status quo and require sophisticated government and regulatory strategies for success. Subversive Capital recently acquired The Parent Company, the Largest Vertically Integrated Omnichannel Cannabis Platform in California.
