Forbes Asks – Is The SAFE Banking Act On The Ropes? And Other Federal Updates.

Here’s the introduction to their piece

Those who have been following the federal marijuana reform efforts on Capitol Hill over the past year can tell you that Congress has been more active than ever on this subject. But with all this progress, the question remains: Will any of this effort result in actual changes to federal laws?

The stakes are high as it is uncertainty around federal law that has kept billions of dollars of institutional capital out of the cannabis industry and caused U.S. exchanges to not list U.S. companies (though they’re happy to list Canadian cannabis companies, to the U.S. industry’s detriment). It’s hard to overstate the impact that some of these bills, if enacted into law, could have on the cannabis industry.

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