Mitch McConnell is meeting with pot execs in California and getting pitched on the need for cannabis banking reform:
LONG BEACH, Calif. — Senate Majority Leader Mitch McConnell, a longtime opponent of reforming marijuana laws, is spending more time than usual thinking about cannabis on a trip to California this week.
It was not immediately clear whether McConnell’s California Wednesday and Thursday schedule signals a shift in his thinking about cannabis banking reform, the people said. McConnell’s Washington office did not respond to several requests for comment.“I think this is absolutely positive that McConnell is meeting with stakeholders in the cannabis market,” PI Financial analyst Jason Zandberg told MarketWatch over the phone. “The U.S.
“We’re happy to see that Leader McConnell is coming to see how a regulated market is an improvement over prohibition,” National Cannabis Industry Association executive director Aaron Smith told MarketWatch in an interview. “Right now the priority is banking, which affects [McConnell’s] constituents in the hemp and CBD industry, as well as legal cannabis businesses here in California.
Large amounts of cash sloshing around the cannabis sector makes pot companies the target of robberies and other crimes, lobbyists in favor of the SAFE Act have said.
Brasil Últimas Notícias, Brasil Manchetes
Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.
Mitch McConnell travels to California, where pot execs pitch need for cannabis banking reformSenate Majority Leader Mitch McConnell, a longtime opponent of reforming marijuana laws, is spending more time than usual thinking about cannabis on a trip...
Consulte Mais informação »
Mitch McConnell travels to California, where pot execs pitch need for cannabis banking reformSenate Majority Leader Mitch McConnell, a longtime opponent of reforming marijuana laws, is spending more time than usual thinking about cannabis on a trip...
Consulte Mais informação »
Only half of California students meet English standards and fewer meet math standards, test scores showEducation experts said it’s troubling that the majority of California public school students test below grade level in math, and barely half in English.
Consulte Mais informação »
Thai central bank says needed to keep policy space for future risks: minutesThailand's central bank saw a need to preserve monetary policy space to add...
Consulte Mais informação »
Goldman Sachs had 500 teams of employees pitch startup ideas — then picked the 5 best to fundIn March, 500 teams of employees pitched their startup ideas to Goldman. In October, five winners were selected to receive funding from the bank.
Consulte Mais informação »
Spinning Trump turns to McConnell seeking to lock down GOP loyaltyEven as the White House appears to settle on the legal tactics to stave off Democrats' impeachment demands, uncertainty and unease over Trump's messaging approach remains high among his Republican allies, who see the ever-growing inquiry consuming the White House.
Consulte Mais informação »