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Really?
Now it is specifically Canadian Bankers.
Somehow American bankers wouldn’t have been as speculative if they were allowed to be
Here’s taste of this garbage.
The inevitable post-mortems have been just as fast and furious: Incompetent and corrupt politicians. State taxes. Federal taxes. Cost of capital. Regulations. The black market. The bankers. The gangsters. The lawyers. And while all of these may have had a hand in the U.S. cannabis market’s downfall, they are simply symptoms of the real problem: Canadian capital markets.
Canadian investment bankers, to be precise. These penny-stock mining hucksters knew a perfect storm when they saw one and took the industry for a ride.
There are four primary …….
and so on and so forth
All the people borrowing the money wanted to get rich quick, somehow Canadain bankers are hucksters but not USA ones .
Financiers by their very nature are generally assholes doesn’t matter where they are from. The cannabis people bought into get rich quick too.
Once again High Times have done their new favourite disclaimer
This article is from an external, unpaid contributor. It does not represent High Times’ reporting and has not been edited for content or accuracy.
Which is why you shouldn’t read it or pay much attention to what high times has to say.
If they were smart they would have commissioned John Lanchester at the LRB and author of Capital to write something
Read more of their trash at https://hightimes.com/culture/who-killed-the-us-cannabis-market/
At least when the writers there were under the stewardship of an American financier who literally gangraped the publication to death they still attempted to publish some half decent reports. Now it’s under a very wealthy owner who obviously thinks of himself as an underdog and outsider it is going from bad to worse.
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Sean Hocking
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