Your Top 5 News Stories - September 22, 2021

September 22, 2021

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U.S. House Approves Bill to Ease Banking for Cannabis Companies

New Frontier Data expects the SAFE Banking Act to help out a legal industry long afflicted by federal restrictions on cash transactions. 


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These 3 Top Stocks Have Been Halved, and It Makes No Sense

Though New Frontier Data forecasts the industry to top $41 billion by 2025, profitable Trulieve’s stock is down 51% from a 52-week high. 


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A Majority of Companies in Tightly Regulated Industries Say Compliance Is Biggest Barrier

New Frontier Data found that 4,000 acres of hemp crops were destroyed in 2019 after being deemed “hot crops” that surpassed the THC limit. 

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The Wheels of Capitalism, Not Congress, Are Driving Marijuana Legislation

Sweeping federal reforms and legislative action historically come from big business and industry rather than any congressional inspiration. 


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German would-be kingmaker sees legal cannabis but little else with SPD/Greens alliance

The most unifying cause for the FDP to achieve with the Social Democrats (SPD) and Greens than with Merkel's conservatives may be cannabis legalization. 


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