Thank you for the video Matt.
Putting everything else aside. What retailers can do about the inventory that is now prohibited and cannot sell and they need money to survive? Can we talk about this now? I am drawing blank, but would like to hear suggestions.
Its a transparently false excuse to clear out the dead inventory so they can liquidate the rest instead of being stuck with the dead goods as a loss after they close the business.
IT IS NOT SO A BUSINESS CAN SURVIVE.
If they need the money from the inventory as a question of survival they are going out of business anyway.
If they are in that kind of a position now what will they do when the inventory money runs out.
The money from the inventory cannot float a business that is in that kind of trouble because it is finite and nothing about the business cash flow or lack therefore will be changed by it.
The small retailers are going to be out of business whatever they do resulting from the diminished and diminishing legal market especially in the face of the coming recession combined
with persistent inflation and high interest rates that do not address that the inflation is resulting from the green taxes on fuel.
They are going to sell out to the big stores that will be the only ones left that can survive or simply liquidate.
If anyone thinks that the money from some frozen inventory is going to save a business that thinks it needs that money to survive, they need to realize that business would not survive
as nothing will change and everything will get worse after that inventory money runs out otherwise that business would not be in that position in the first place.
A one time cash influx does not create a positive cash flow where there is none to start with.