RE:RE:RE:Up 2% after hours …
AsMarijuanaMoment.netreports this morning, cannabis fans in Congress just attached the House of Representatives' version of the SAFE Banking Act (a law legalizing banks doing business with cannabis companies) to the government's 2022 National Defense Authorization Act (NDAA) -- the law that approves the Pentagon's budget for next fiscal year. That sounds like a strange marriage of convenience, but as Rep. Ed Perlmuttter rationalized yesterday, allowing banks to legally work with cannabis companies "will strengthen the security of our financial system in our country by keeping bad actors like foreign cartels out of the cannabis industry." Continuing along the same lines, Perlmutter insisted "this is a public safety and a national security matter -- very germane to the issues at hand, dealing with foreign cartels."