OTCQB:EMHTF - Post by User
Post by
bligickaon Oct 06, 2021 1:08am
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Post# 33972172
Us market moving forward...
Us market moving forward...In the U.S., the federal restrictions that prevent banks from doing business with cannabis companies have a new path for change. The U.S. House of Representatives passed the SAFE Banking Act on Sept. 23, after the bill was included in the larger National Defense Authorization Act. The legislation would allow banking institutions to do business with legitimate cannabis-related companies in states where it is legal. The legislation still has to be passed by the Senate, but as it works its way through, states themselves keep progressing to legalization. New York approved recreational use six months ago, and has created a new Cannabis Control Board that is scheduled to meet for the first time today. And Pennsylvania state Sen. Mike Regan, who according to central Pennsylvania news service PENNlive was formerly a U.S. Marshal and spent years fighting the war on drugs, now supports legalizing recreational marijuana.