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Anything over $3M should be taxed at 80% as it used to be. The point wasn’t government revenue, but to eliminate the incentive for execs ransacking the company.
90% for anything over $500K. That’s the 1%.
The cannabis industry has been hampered by a lack of demand…
What? That I do not believe
Relative to the supply. We smoke a lot of weed as a country, but we also produce a whole lot and export destinations are limited.
Everyone rushing to over-supply the market was not a lack of demand. Legal weed is probably the largest new market in the last 5 years! Saying the company is underperforming because of a lack of demand when people are buying from other companies is such a hollow excuse.