Legalisation bids boost outlook for US cannabis industry
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Legalisation bids boost outlook for US cannabis industry
A cannabis plant is seen in a field at Hermel, Bekaa, Lebanon, Jul 31, 2013. (Photo: REUTERS/ Mohamed Azakir)
23 Apr 2021 04:01AM
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LOS ANGELES: Uncle Sam gave marijuana lovers more reason to celebrate this week as a bipartisan group of lawmakers in the House of Representatives passed a bill that would make it easier for cannabis companies to do business in states where sales are legal.
The vote on the Secure and Fair Enforcement (SAFE) Banking Act took place a day before Apr 20 - or 4/20 - the unofficial holiday that commemorates all things marijuana.