Blum Holdings Inc (BLMH)

[BidnessMan]

This could be the beginning of the end of the opposition to legal weed. If this becomes law then law suits could compel the IRS to exclude MJ from Rule 280E and force the FDA/DEA to remove it from their lists as well as allow banking.

Historic Marijuana Measures Clear First Major Congressional Hurdles As Opposition Wanes

Rep. Chris Stewart (R-UT) initially filed an amendment during a House Appropriations Committee markup that would have limited the banking protections to medical cannabis businesses only, but sensing its unpopularity after a lopsided debate in the panel, he withdrew it instead of forcing a vote.