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Thursday, March 28, 2019

Congressional committee approves marijuana banking bill, Forbes says

A congressional committee voted on Thursday to approve legislation to support marijuana businesses’ access to banks, says Tom Angell a contributor journalist for Forbes. “Floor action has not yet been scheduled, but cannabis reform advocates are hopeful that the committee approval of the banking bill is a sign Democrats are ready to move broad marijuana reforms this year,” added the Forbes’ story. Publicly traded companies in the space include Aphria (APHA), Aurora Cannabis (ACB), CV Sciences (CVSI), CannTrust Holdings (CNTTF), Canopy Growth (CGC), Cronos Group (CRON), General Cannabis (CANN), India Globalization Capital (IGC), MediPharm Labs (MLCPF) and Tilray (TLRY).

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