Curaleaf Holdings Inc T.CURA

Marijuana Banking Bill Hearing Could Be Held Next Week

[blackspade799]

A key Senate committee chairman said on Thursday that a hearing on a bipartisan marijuana banking bill could be scheduled as early as next week, adding that lawmakers are going to “move quickly on it.”

Senate Banking Committee Chairman Sherrod Brown (D-OH) told NBC News reporters that his panel could hold a hearing on the Secure and Fair Enforcement (SAFE) Banking Act as soon as next Thursday, May 11.

While a hearing hasn’t been formally scheduled yet, the comments come as senators on both sides of the aisle push for urgent action on the recently refiled legislation from Sens. Jeff Merkley (D-OR) and Steve Daines (R-MT).

https://www.marijuanamoment.net/key-senate-committee-chairman-says-marijuana-banking-bill-hearing-could-be-held-next-week/

[blackspade799]

Liz Brown-Kaiser   @lizbrownkaiser     NEWS: Senate Banking Committee Chair

[Luminous]

Like i said its the real deal this time, and sets the sentiment going forward.

[Luminous]

While I doubt we will have a hearing ON 5/11, the fact that the Chair mentioned a date is an indication that we are ready to launch. If they are as stealthy with the hearing as they were with the bill’s filing, maybe it does happen 5/11. Either way, I’ll be there. https://twitter.com/donmurphy12a

[TheProphetElijah]

Government needs the banking  services to deposit their new stream of tax revenue when 280e is gone.

[blackspade799]

And Like I said and many others have said Dont get your hopes up, Governement always find s a way to disappoint. Special interest dollars are working behind the scenes..

[Luminous]

Too much spotlight on it this time. 

[ledzep4u]

Remember what the guys on the Dales Report said, it's not SAFE that the large MSOs need, because they already have most banking services. It's re-scheduling/de-descheduling that needed to make it legal and get rid of 280e. The large MSOs would be profitable and cash flow positive if you get rid of 280e and open up the federal market.  It will all come down to that twit Schumer and

[Bullknit101]

I'm no longer optimistic Safe Banking will pass due the introduction of social equity provisions.  It's seems the dems are focusing on the rescheduling process and heard the timeline is Oct 2023 for HHS to complete review, then DOJ for 6 months, then something else leading to 2024. I bet you rescheduling approval will be contingent on electing Biden in again. I hope I'm all wrong

[TheProphetElijah]

That would make Biden look stupid.  My call is first Safe, then medical the recreational in 2024 leading up to election.

[Luminous]

Does anyone know when Cura will start sales in the UK and Germany?

[TheProphetElijah]

3.80 over head resistance gone.

[blackspade799]

I think Schumer and Booker will have to park their idea of attaching social equity and expungement with SAFE Banking. The blood is still on their hands from Blocking SAFE Banking the last time when the had a majority Dem. run gov. SAFE Banking must be passed on its own as a stand alone bill, which will only help bring in new bills like social equity/expungement when SAFE Banking is passed. If