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clock Created with Sketch. 26/09/19
08:41
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Originally posted by Acecook:
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one of the great missed opportunities by the Australian government of all time. the ACT rule means you can grow a small amount, have 50g in your possession but your not allowed to buy or sell it. so no commercial benefits, no legal or administrative benifits. no less work for policing it. just a junk ruling. that opinion has nothing to do with my holdings in rgi. its just a super coward political move. that does nothing but get headlines. also i don't touch the stuff, I'm just an investor. so on this one im not a user, a company i own stock in isn't effected, it's just bad politics. really can't see how that solves anything.
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I haven't looked at the conflict yet but if there are direct contradictions with federal law then to the extent of that contradiction section 109 of the constitution may make it invalid anyway. Although ACT is a territory so that also complicates it.
