Blum Holdings Inc (BLMH)

[DD8]

"A Big Bang from the STATES Act
Expect the STATES Act to pass, freeing the industry from its financial shackles. The act may only be two pages long, but it will shore up the legal status of cannabis at the state level and finally grant cannabis businesses access to the banking services they desperately need. The illegality of cannabis at the federal level has put much of the financial industry off-limits to businesses operating legally in two-thirds of the states. But most lawmakers agree that the awkward dual legal status of cannabis has gone on too long, and they will vote in 2019 to pass the act to protect U.S. states that elect to legalize cannabis. The bill will not only allow cannabusinesses to bank, but it will also spark a big bang in terms of investment. We will see a frenzy of activity and attention when the first institutional investors join the fray." by George Allen
https://www.newcannabisventures.com/acreage-holdings-president-predicts-states-act-will-tip-the-scales-to-american-cannabis-companies/