House OKs bill to facilitate banking for cannabis companies

seekingalpha2021-09-22

The U.S. House of Representatives approved a bill enabling banks to do business with cannabis companies without fear of penalty,Bloomberg reports. The so-called SAFE Banking Act would be a boon for ...

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JustinAQX
·2021-09-25
Getting lower day by day.
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ALLGREEN BULL
·2021-09-23
At least so good news
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Blurtadpole
·2021-09-23
Nice
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Warren Davidson (R-OH) spoke in favor of adding marijuana banking to the defense bill, arguing that there’s a “national security issue” related to illicit drug trafficking that the SAFE Banking Act could help to address.\nAdvocates who support broader cannabis reform said the banking measure is a good first step.\nAs of now, some 36 states now allow medical or recreational use of marijuana.\nMulti-state operators: Trulieve Cannabis(OTCQX:TCNNF); Harvest Health & Recreation(OTCQX:HRVSF); Curaleaf Holdings(OTCPK:CURLF); Acreage Holdings(OTCQX:ACRHF); Cresco Labs(OTCQX:CRLBF); Green Thumb Industries(OTCQX:GTBIF); and MedMen Enterprises(OTCQB:MMNFF); TerrAscend(OTCQX:TRSSF); Ayr Wellness(OTCQX:AYRWF).\nCannabis distributors: OrganiGram Holdings(NASDAQ:OGI); Cronos Group(NASDAQ:CRON); HEXO(NASDAQ:HEXO); Aurora Cannabis(NASDAQ:ACB); Canopy Growth(NASDAQ:CGC); Tilray(NASDAQ:TLRY),  Sundial Growers(NASDAQ:SNDL); and GrowGeneration(NASDAQ:GRWG).\nETFs: Gobal X Funds - Global X Cannabis Etf(NASDAQ:POTX); ETFMG Alternative Harvest ETF(NYSEARCA:MJ); AdvisorShares Pure Cannabis ETF(NYSEARCA:YOLO); Amplify Seymour Cannabis ETF(NYSEARCA:CNBS); Cambria ETF Trust - Cambria Cannabis ETF(BATS:TOKE); Spinnaker ETF Series - The Cannabis ETF(NYSEARCA:THCX).\nEarlier in July, House committee cleared cannabis-related amendments setting up floor votes.","kind":"news","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[{"id":861766316,"gmtCreate":1632539319435,"gmtModify":1676530806863,"author":{"id":"3583210090992024","authorId":"3583210090992024","name":"JustinAQX","avatar":"https://static.tigerbbs.com/c36857e7f55d5c0aa300ac68988e55a6","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3583210090992024","authorIdStr":"3583210090992024"},"htmlText":"Getting lower day by day.&nbsp;","listText":"Getting lower day by day.&nbsp;","text":"Getting lower day by day.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/861766316","repostId":1146246652,"repostType":2,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"CN"},{"id":863240121,"gmtCreate":1632402039763,"gmtModify":1676530773195,"author":{"id":"3569714223892411","authorId":"3569714223892411","name":"ALLGREEN BULL","avatar":"https://static.tigerbbs.com/9f66196f8bd54f42e72bd76fe3f3b5e1","vip":1,"hat":"https://static.tigerbbs.com/b0a2963eb37c60c5d6d4a8dbcd266952","crmLevel":6,"crmLevelSwitch":0,"idStr":"3569714223892411","authorIdStr":"3569714223892411"},"htmlText":"At least so good news","listText":"At least so good news","text":"At least so good news","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/863240121","repostId":1146246652,"repostType":2,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":863807116,"gmtCreate":1632370190035,"gmtModify":1676530765946,"author":{"id":"3580268325366625","authorId":"3580268325366625","name":"Blurtadpole","avatar":"https://static.tigerbbs.com/b42d32485cc92f7bb65058ce17aa8eea","vip":1,"hat":"https://static.tigerbbs.com/b0a2963eb37c60c5d6d4a8dbcd266952","crmLevel":1,"crmLevelSwitch":0,"idStr":"3580268325366625","authorIdStr":"3580268325366625"},"htmlText":"Nice","listText":"Nice","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/863807116","repostId":1146246652,"repostType":2,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"}],"hasMoreComments":true,"newsSizeData":{"likeSize":16,"commentSize":3,"repostSize":0,"favoriteSize":1,"likeStatus":false,"favoriteStatus":false}}