News Formal

Canopy, Tilray lead pot stocks higher on signs key U.S. banking legislation could pass this time

  • 📰 VancouverSun
  • ⏱ Reading Time:
  • 34 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 17%
  • Publisher: 61%

日本 ニュース ニュース

日本 最新ニュース,日本 見出し

Pot stocks jumped on signs that a key U.S. bill that failed several times to pass and weighed on the sector could win enough support. Read on.

The Roundhill Cannabis ETF is up as much as 14 per cent, its largest intraday jump in six months, after a bipartisan group of senators reintroduced the SAFE Banking act. The MJ PurePlay 100 Index, which includes 100 cannabis-related stocks, is up nearly eight per cent.Start your day with a roundup of B.C.-focused news and opinion delivered straight to your inbox at 7 a.m., Monday to Friday.By clicking on the sign up button you consent to receive the above newsletter from Postmedia Network Inc.

“Reintroduction of SAFE Banking, as well as the potential for a hearing, seemingly suggest a possible pathway for passage of the SAFE Banking Act this year,” Benjamin Salisbury of Height Commentary said in a note. While an earlier version of SAFE has passed the House multiple times, it’s now gaining support in the Senate and may be nearing the 60 votes needed to pass. The act would allow legal cannabis companies to access banking and financial services they’ve been barred from because marijuana remains illegal at the federal level. The reintroduced legislation includes Community Development Financial Institutions and Minority Depository Institutions.

 

コメントありがとうございます。コメントは審査後に公開されます。
このニュースをすぐに読めるように要約しました。ニュースに興味がある場合は、ここで全文を読むことができます。 続きを読む:

 /  🏆 49. in JP

日本 最新ニュース, 日本 見出し

Similar News:他のニュース ソースから収集した、これに似たニュース記事を読むこともできます。

Canopy, Tilray lead pot stocks higher on signs key U.S. banking legislation could pass this timePot stocks jumped on signs that a key U.S. bill that failed several times to pass and weighed on the sector could win enough support. Read on.
ソース: nationalpost - 🏆 10. / 80 続きを読む »

Canopy, Tilray lead weed stocks higher on U.S. banking bill hopes - BNN BloombergWeed stocks surged after a key piece of legislation was reintroduced in U.S. Congress that would open up banking services to the legal cannabis industry.
ソース: BNNBloomberg - 🏆 83. / 50 続きを読む »

Thunder Bay brewer competing in business pitch eventRead the full story and comment on Tbnewswatch.com
ソース: tbnewswatch - 🏆 75. / 51 続きを読む »