Cannabis stock rise as Senate committee OKs cannabis banking bill

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Cannabis stock rise as Senate committee OKs cannabis banking bill
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Cannabis stocks moved up Wednesday after the U.S. Senate Committee on Banking, Housing and Urban Affairs approved the Secure and Fair Enforcement Regulation...

Cannabis stocks moved up Wednesday after the U.S. Senate Committee on Banking, Housing and Urban Affairs approved the Secure and Fair Enforcement Regulation Banking Act, now known as the SAFER Banking Act of 2023. The bill to open up the financial system to legal cannabis companies now heads to the full Senate for a vote after earlier versions of it were initially introduced on Capitol Hill a decade ago. It has been approved by the U.S.

was up by 1%, Cresco Labs Inc. was up by 1%, Tilray Brands Inc.

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