Cannabis ETF coming and SAFE banking act's even SAFER
And New Jersey’s Cannabis Regulatory Commission (CRC) is calling for public feedback on new proposals
Business of Cannabis: Cannabis News | Cannabis Views | Cannabis Trends · Neal Veglio
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Show Notes
This week's stories:
- Subversive Capital Advisor, which focuses on emerging sectors, this week launched a new cannabis- focused ETF, stating that a ‘regulatory move to Schedule III status meaningfully changes the trajectory for this business.
- The text for the SAFE Banking Act that aims to transform banking for the cannabis industry has been amended.
- According to Marijuana Moment, which has seen a copy of the amended text, the bill’s updates relate to guidance, finance regulations and reporting requirements.
- Canopy Growth Corporation announced that it was seeking to raise up to $50m in additional funding via a ‘private placement offering’.
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Cannabis Daily is a cannabis news and interview program from Business of Cannabis. We highlight the companies, brands, people and trends driving the cannabis industry.
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