Categories: aggregated

The US Cannabis Industry Takes Another Gut Punch as Emperor McConnell Throws Out the SAFE Banking Act, Again.

Over the last week, investors have been bumping cannabis stocks in the hopes that the SAFE Banking Act, appended to the NDAA by sponsor Rep. Ed Perlmutter in July, would be in the final draft of the must-pass yearly defense funding measure. As it stands, Mitch McConnell, the Senate Minority Leader, is opposed to its inclusion, claiming that enacting SAFE Banking will make the banking system more friendly to illegal substances.

Jason

Share
Published by
Jason

Recent Posts

The Red Wall Blocking Marijuana Legalization in America, Real or Imagined?

As the movement for marijuana legalization gains momentum across the United States, a significant barrier…

24 hours ago

Autoimmune Conditions Are Rising Fast in American Medicine, Can Cannabis Help?

Conventional treatments prescribed to treat autoimmune conditions are focused on taming inflammation; these usually include…

24 hours ago

Ohio Non-Medical Cannabis is available at Verilife

Verilife Non-Medical Cannabis is now available in Ohio. Open to customers 21+ with a valid…

2 days ago

Find Verilife in New York

At Verilife, there's always a stocked selection of top products & new favorites. Find the…

2 days ago

Find Verilife in Illinois

At Verilife, there's always a stocked selection of top products & new favorites. Find the…

2 days ago