September 28, 2024

Cannabis stocks light up after a group of lawmakers again seeks to protect banks that work with legal marijuana businesses

 Cannabis stocks light up after a group of lawmakers again seeks to protect banks that work with legal marijuana businesses

Forcing legal cannabis businesses to operate in cash is “dangerous,” said Senator Jeff Merkley, who wants to pass the SAFE Banking Act.

Cannabis stocks climbed Thursday after a bipartisan group of lawmakers took another run at passing legislation to shield financial institutions that work marijuana businesses operating legally. 
The…