Cannabis Financing Could Get Easier with New Bill
TheStreet
Excerpts taken from article:
CNBS Portfolio Manager Tim Seymour Shares his thoughts on the SAFE Act and cannabis financing.
The SAFE Act passed its first hurdle in the House of Representatives, but the race is far from over.
Tim Seymour, the portfolio manager of the Amplify Seymour Cannabis ETF believes the best path forward features compromise.
“The approach to a pared down Safe or Hope act makes more sense than the comprehensive bill. Schumer now realizes the practical reality of passing legislation,” Seymour told TheStreet. “If anything, look for a stripped down SAFE Act from what was passed in the House.”
Learn more: Amplify Seymour Cannabis ETF (CNBS)
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