"It’s all about building relationships within the industry, developing know-how, and getting ready for the day when the risk of federal illegality is removed, when all of these multinationals can have fun storming the castle."
Do you believe 'removing the risk of federal illegality' will happen gradually or suddenly? Will the perimeters slowly close on themselves? If suddenly, what specifically do you think this is?
Your guess is as good as mine. SAFE would provide protections from money laundering claims for ancillary businesses, so I think that could make a difference (though query whether it covers equity investors), but longtime readers know that I remain highly skeptical about the bill. As far as rescheduling goes, stay tuned for an upcoming Musings about that. Legalization? Consult a random number generator.
This was a great piece.
"It’s all about building relationships within the industry, developing know-how, and getting ready for the day when the risk of federal illegality is removed, when all of these multinationals can have fun storming the castle."
Do you believe 'removing the risk of federal illegality' will happen gradually or suddenly? Will the perimeters slowly close on themselves? If suddenly, what specifically do you think this is?
Your guess is as good as mine. SAFE would provide protections from money laundering claims for ancillary businesses, so I think that could make a difference (though query whether it covers equity investors), but longtime readers know that I remain highly skeptical about the bill. As far as rescheduling goes, stay tuned for an upcoming Musings about that. Legalization? Consult a random number generator.
A+ lawyer answer. Been enjoying these Musings