Re:Mexico's Supreme Court has decriminalised the private use...
by bagacrap on Tuesday June 29, 2021 @10:14AM
(#27676037)
I had assumed big tobacco and alcohol companies were ready to step in and crush all these mom and pop weed ops the second we had federal legalization. Especially tobacco since cigarette usage is on the decline.
[ Parent
| on HN ]
Re:Mexico's Supreme Court has decriminalised the private use...
by jasonwatkinspdx on Tuesday June 29, 2021 @01:19PM
(#27678904)
I think it's harder than you might assume for big businesses to move into new business areas, especially if it requires cannibalizing their existing revenue streams. That's a story we've seen over and over right?
Big businesses today tend to not innovate themselves and instead expand into new markets via acquisitions, but how many pot business owners do you think are interested in selling to those megacorps vs running their own show and continuing to make bank?