AYRWF - Bipartisan group of senators urge colleagues to include cannabis banking legislation

A bipartisan group of 24 senators urged colleagues in both the Senate and House in a letter to include the SAFE Banking Act in the America COMPETES Act. The SAFE Banking Act is considered an important measure for cannabis multi-state operators as it would allow those companies to do business with U.S. financial institutions. The letter was addressed to House and Senate leaders. Democratic Sens. Jeff Merkley (Ore.) and Jacky Rosen (Nev.) were the lead signatories. The group asks that the SAFE Banking Act remain in the final conference version of the America COMPETES Act. "This will help cannabis-related businesses, support innovation, create jobs, and strengthen public safety in our communities," the lawmakers wrote. Multi-state operators: Cresco Labs (OTCQX:CRLBF); Columbia Care (OTCQX:CCHWF); Trulieve Cannabis (OTCQX:TCNNF); Green Thumb Industries (OTCQX:GTBIF); Curaleaf Holdings (OTCPK:CURLF); MedMen Enterprises (OTCQB:MMNFF); Acreage Holdings (OTCQX:ACRHF); Ayr Wellness (OTCQX:AYRWF); Verano Holdings (OTCQX:VRNOF); and Jushi Holdings (OTCQX:JUSHF). Separately, Senate

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Bipartisan group of senators urge colleagues to include cannabis banking legislation