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.
They come from the same plant. What separates them is a distinction in federal law…
This article originally appeared in High Times’ Spring/Summer 2026 print edition. Get yours here. Activists,…
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