Several pieces of legislation – including the SAFE and STATES acts – have stalled in the U.S. Congress. While there is still some optimism that something will eventually pass, most experts believe that there’s still room for improvement.
In this special episode of News & Views – recorded at MJBizCon in Las Vegas – David Wenger, a principal with GRA Holdings, and Jeff Schultz, general counsel and chief compliance officer for Navy Capital, sat down with Marijuana Business Daily‘s finance reporter, Nick Thomas, to discuss:
- The status of the SAFE Banking Act and its monumental importance to the industry.
- How the SAFE Banking Act could easily be improved upon.
- Why the STATES Act likely won’t pass – and why that measure is not necessarily the best course of action for cannabis entrepreneurs.