State-legal marijuana businesses would be able to be listed on national stock exchanges and access key financial services under a bipartisan congressional bill that was filed on Thursday.
The Capital Lending and Investment for Marijuana Businesses (CLIMB) Act is being sponsored by Reps. Troy Carter (D-LA) and Guy Reschenthaler (R-PA)….Read more
Tengo una duda y es ¿Qué Tan Recomendable es el Fiat Mobi?
This bipartisan CLIMB Act is a significant step towards legitimizing and supporting the burgeoning cannabis industry. Allowing state-legal marijuana businesses to be listed on national stock exchanges and access crucial financial services not only promotes economic growth but also paves the way for increased equity and opportunity, particularly for small, minority, and veteran-owned enterprises. By providing protections and safe harbors, the bill addresses longstanding financial barriers and helps integrate these businesses into the broader economic ecosystem. However, it’s crucial to ensure that this progress does not inadvertently lead to further industry consolidation, undermining the very communities it aims to uplift.
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