Curaleaf Holdings Inc T.CURA

NDAA Amendment Safe Banking

[Bullknit101]

My optimism is waning as it sounds like the Safe Banking Amendment has a good chance of being removed from the NDAA. The so-called US MSO macro catalyst might have to wait. In the meantime, Canada is coming up to the 3 year anniversary of full legalization and the sky hasn't fallen. https://twitter.com/todd_harrison/status/1439961626698993664?s=20

[Blackbear]

Just a hunch it. Will be removed or?

[Bullknit101]

We'll know tomorrow. The House Rules Committee meeting is happening now and they will review H.R. 4350. I guess there is another chance with H.R. 4502 as well which also contains some Cannabis related items. Either way, it'll be a long process. I would watch the short positions and puts activity to see if they increase. Decided not to buy any more.

[Blackbear]

Thanks Bull K 

[Sampic]

Ranking GOP member Tom Cole has said safe should remain in Ndaa.

[Sampic]

Either way now or November 2022 I can wait like I said best risk reward play in the market.Understand this isn't like what happened in Canada with companies making projections on future revenues and then getting run up 80x those fake numbers these msos are making a fortune quarter over quarter real cash.When safe banking is enacted msos costs will plummet remember guys there not building cars

[Sampic]

Safe will pass floor vote but will it make it onto Biden's desk with safe banking?I say yes this is the back door Chuck needed and wanted so he doesn't get attacked by far left.

[Bullknit101]

https://www.marijuanamoment.net/house-will-vote-on-marijuana-banking-reform-as-part-of-defense-bill/

[Sampic]

The fact the house blocked additional cannabis measures as well as anything to do with psychedelics tells me this bill is a done deal in the house and possibly the senate.Looking good.