RE:RE:RE:David Klein FWIW
Safe in current form does nothing perse for CGC.
However, as BoJo said, it brings legitimatcy to the Cannabis industry being the first bill to pass on a federal level. Safe in current form if passed as is, will require FINCEN or something to that effect to be re-examined along with a few other laws as it does provide some legality to the weed sector.
these are BOJOs words not mine, and providing Safe passes as it, companies are already lined up for investing etc etc.
Keep in mind they are working on adding provisions, SAFE and HOPE act from what I read, but he wouldn't rule out some caveat for uplisting.
Just my two cents, which is literally worth nothing at this point, but I tbink
1) Safe will pass in lame duck and address 280E
2) Biden will decriminalize weed to study the effects etc as they now have passed some kind of legislation.
Will this be enough to breath some life back, who knows because the macro environment is sh!t.