the Justice Department's recommendation to loosen restrictions on marijuana, reclassified from a Schedule I to a Schedule III drug. Poseidon Investment Management co-founder Emily Paxhia joins Market Domination to break down the news.
And I think anything around cannabis reform has been very difficult for the past 10 years plus obviously, and so anything that's working through an ordinary process and following the steps as it should is very confirmatory and Emily.
And when you're trying to grow businesses in a fragmented market structure like we have in the United States with pack to regulation and only intrastate commerce.And there's been a lot of analysis of what happens. This could all change if there are some structural shifts like such as the process of moving things through the courts or also a memo from Garland that outlines and calls out specific things around commercial banking and exchanges.You know, tho those who aren't fans of this legalization and regulation, uh they're very, they continue to hit the same points which are erroneous and false and I welcome it because we do have the data to contradict what they're saying.