The committee will now come to order. Before we get started. We have to win this panels this morning. Senator brown and i will give our opening remarks first and then we will hear from Senators Gardner and merkley. Once the senators have finished their statements we will proceed with our second panel of witnesses. Today the committee will hear from witnesses about the challenges that state sanction businesses in the cannabis industry have one trying to access mainstream Financial Services. Under the controlled substance act, marijuana, or cannabis is currently considered a schedule one drug. Being categorized as a schedule one drug means that the possession, distribution, or sale of marijuana or other marijuana derive projects is illegal under federal law. Any protests proceeds from cannabis remain subject to anti Money Laundering laws such as the Money Laundering control act. In the last several years many have used legalized marijuana in some form. Whether legal or recreational. Use
Treaters will get to go out. It will nice break. Ople text yesterday. Had to do a double t digits and teens. Very dry around here yesterday but the forecast is quiet and clear. Note issues for the trickor treaters tonight. Maybe a little chilly later but that will not matter. We do have the red flag warning which expired yesterday. The wind direction is still out of the north east for some but not for all. Its much weaker and windspeed has come down. There is a freeze warning to the north although its not as cold as we saw yesterday but still plenty of time. 30s, 40s and 50s. North east at mount st. Helena but only at eight miles per hour. Windspeed is a common way down and its only slightly offshore even up and lake county. More variable now. South, northwest. East, southeast. Everything is improving for the firefighters and the pattern looks to be really stable which is good. Temperatures will start in the 30s and 40s and we end up it looks like in the 70s. Bone dry for now but maybe
Double take on the dew point and relative humidity. Is a little better today. Hollowing forecast is easy. It will be clear. I dont inc. You have anything to worry about. Temperatures drop off rapidly. New lookup in, it start. Its time to go to bed. 60s will drop into the 40s and 50s. Highs today in the 70s. 7075 and it looks like this pattern is on hold for a while. Offshored direction still in place from the delta all the way to the coast but the wind speed is way down. Relative humidity is up. Its low but its triple what it was for some yesterday at this time and thats from fairfield all the way over to oakland and Half Moon Bay. 30s come up 40s and 50s on the temperatures. South bay tims. 30 and santa cruz mountains. Boulder creek is sleeping in the low 40s around santa clara and campbell. Saratoga and cupertino, 40 and 42 pickers in easterly or northeasterly component with the wind speeds are way down and it will stay this way for a while. The pattern will calm down and thats what
Warrens socialist policies. Highly destructive to your Retirement Plan so just watch out, on the show today. We will say the same thing about gamestop. The video Game Retailer down and almost out. You stream games these days, dont you . Dave busters, watch out. They predict a sales decline. Ouch, not good when we are spending more and more on eating out. The stocks way down. As for apple, the big news there is cheap streaming, 4. 99 a month and a cheaper phone, 700 for the new mass market iphone. Investors just shrugging it off. Yes, it is september 11th. 18 years on. We all remember. Varney company is about to begin. Stuart lets start with money. We are going to go up at the opening bell today. Futures are flat to slightly higher. Look, 44 up for the dow, 14 for the nasdaq. Do Pay Attention to the dows level, 26,938. That means its about, what, 400 points from the alltime high. Flat to slightly higher this morning. North Carolina Republican dan bishop wins the special house election.
The committee will now come to order. Before we start, we have two witness panels. Senator brown and i will give our opening remarks and then we will hear from Senators Gardner and merkley. Once the senators have finished their statements, we will proceed with our second panel of witnesses. Today, we will hear from witnesses about the challenges that state sanctioned businesses havee cannabis business when attempting to access mainstream Financial Services. Marijuana or cannabis is currently considered a schedule one drug. Being categorized as a schedule one drug means that distribution, sale, of marijuana or marijuanadrug products is illegal under federal law, and any proceeds from cannabisrelated activities remain subject to u. S. Andnt laundering laws, such as the antilaundering control act. In the last several years, many states have used referendums that have legalized the marijuana and some form, whether recreational or medical use. Currently, there are 11 states, plus the distri