The cannabis industry is poised for some serious growth owing to the historic clearance of the SAFER Banking Act by the Senate’s Banking Committee.
Trulieve (OTCMKTS: TCNNF) CEO Kim Rivers couldn’t be clearer facing Benzinga’s Cannabis Capital Conference audience on Wednesday, Sept. 27: “It’s SAFER Banking Day. Today's historic, right? We've never had a vote in the Senate, period, on a true cannabis policy, standalone measure.”
Although “there's always a little bit of last minute back and forth on these things” and the story is expected to continue around section 10, Rivers says, she still finds the proposal’s “postured well” in Senate — including Majority Leader Chuck Schumer’s call to move it “forward and expeditiously.”
CCC’s keynote speaker told Alliance Global Partners’ managing director Aaron ...