HomeMarketsU.S. Economy & JobsWhat Partial Legalization Of Marijuana Would Mean For The Cannabis Industry

What Partial Legalization Of Marijuana Would Mean For The Cannabis Industry

The Safer banking Act would allow banks and credit unions to serve the cannabis business and workers in states where cannabis is legal. Dan Aherns discusses this important week for the U.S. legal cannabis market. The banking, housing, and urban affairs committee will mark up on Wednesday, September 27th. Dan examines federal cannabis reforms as the U.S. department of Health and human services recommended reclassifying marijuana. He talks about how the DEA rescheduling has the biggest potential impact on companies’ profitability. He goes over what partial legalization of marijuana would mean for the cannabis industry. He expects that reforms will soon allow listing on major U.S. exchanges. He then highlights his top cannabis stock pick which is Green Thumb Industries (GTBIF). Tune in to find out more about the stock market today.

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25 Sep 2023

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