RE:Article: ‘Good Progress’ On Marijuana Banking Bill,Latest rumours on federal landscape
safe banking has gotten its 9th GOP sponser, essentially making it filibuster proof, so when the session is back in Sept it should pass the commitee and senate floor as the democrats have no excuse not to bring it up for a vote..
when it will be taken up by the house it anyone's guess, but considering the market it generally fr looking by 6 months, it should bode well for all stocks.
due to the cannabis hearing last week, newest rumours are that we won't hear anything on resheduling this year... as the DEA hasn't gotten any recommendations from HHS- and it's not known if/when hhs makes the recomendation if that will be made public.
however, medical review is required by December 2 and I would think somewhere the news would come out as to what hhs recommended. Certainly, those in the know wouldn't wait for the news to be made public before buying.
garland memo still has to be announced. When it does. It will probably signal hhs made the recomendation to the dea.
today, a senator filed the prepare act- it was introduced in April, so interesting it's filed again. Deals with laws in preparation with legalizing cannabis.
next week. Results. could be the start of going back up, or if there is another catastrophic results.. it will be more pain.