We need to talk about weed...

Submitted by KebiChan t3_yirz1f in wallstreetbets

As we enter into the next election cycle, the sentiment around the cannabis industry has begun to heat up. Democrats continue to use the alure of weed legalization to win the popular vote. We see this cycle repeating time and time again. What should we expect as we glide into the next 2023-2024 election games? Has the opportunity of a lifetime went unnoticed by the masses or is the cannabis industry truly a sinking ship. Decide for yourself and let me know your thoughts....

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Such-Combination5046 t1_iuk8hs6 wrote

If they ever legalize it on the fed level, every grandma out there will start growing, market saturation incoming

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Darth_Laidher t1_iuk77xy wrote

Just legalize it, my portoflio would look so much better through squinted monged eyes

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VisualMod t1_iuk5zwi wrote

>There is no doubt that the cannabis industry has gained significant traction in recent years. However, it remains to be seen whether or not this will translate into lasting success. With each election cycle, we see more and more politicians using the issue of cannabis legalization as a way to win votes. While this may help them in the short-term, it does little to address the underlying problems facing the industry. Until these issues are addressed, I believe that the cannabis industry will continue to struggle.

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Intrepid-Rent-6544 t1_iuk79vb wrote

I expect Democrats to do nothing, and the GOP to be a speed bump for the Dems.

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kale_boriak t1_iuk8qyh wrote

Do you have enough to share?

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VisualMod t1_iuk5z5n wrote

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Mugsyjones t1_iukab1k wrote

I’ve worked in the cannabis industry for 15 + years. Cultivators are still not doing well. Other parts of the marketer are doing much better. The laws in CA where I am purported to help the little guy. That was BS. Now it’s consolidating as small people are being forced out. I am partners in a dry process facility if any large growers in Cali need that service. Not sure if I can say that but wtf

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