Submitted by gyokuro t3_1087mks in Connecticut
jaredsparks t1_j41833y wrote
Reply to comment by AhbabaOooMaoMao in Dan Haar: Today we celebrate CT's cannabis market. What happens in 5 years? by gyokuro
The average person does not want to invest a few million dollars into an operation unless they have control over that money. If they only own 49% or less of the company, they have no control over the money. The majority shareholder of the LLC would have control and that's a problem.
AhbabaOooMaoMao t1_j41jgq1 wrote
Hmmm, no shortage of investors though. Seems like you don't know what you're talking about.
jaredsparks t1_j41t6h7 wrote
OK Mr. Expert. Whatev.
AhbabaOooMaoMao t1_j41vntd wrote
Oh no, you're right. I'm sorry. The license fees were too high, nobody could find any investors and it was so bad that nobody even submitted an application.
jaredsparks t1_j41w6gq wrote
You're missing the point. I never said that.
AhbabaOooMaoMao t1_j422wcj wrote
Well lay it out for me.
You would have done it differently?
Would it have passed into law?
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