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Anthony Coniglio (Courtesy photo)
The Federal Reserve’s recent decision to lower interest rates by 50 basis points has reverberated through financial markets, prompting a careful analysis of its implications across all industries.
Investors in the battered marijuana industry have been buoyed by this action, but the benefits to cannabis operators from this monetary policy shift are more nuanced than initial reactions might suggest.
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In the long term, the rate cut has potential to benefit cannabis operators by:
Positively influencing investor sentiment. Providing favorable refinancing terms and creating potential for M&A activity. Lowering the interest due on unpaid federal taxes. How soon could cannabis operators save
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