Cannabis legislation might be nearing a milestone. If passed through Congress, the SAFER Banking Act could give registered cannabis businesses access to small business loans and various financial protections.
Poseidon (PSDN) Co-Founder and Managing Partner Emily Paxhia joins Yahoo Finance Live and notes that this is the first time the SAFER Banking Act has made a run through the Senate, but expresses concerns that it “might not be a priority” for House lawmakers amid the approaching 2024 election and the looming threat of a government shutdown.
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