Dewmar International BMC Inc (DEWM)

[KingandQueenMaker]

The Cannabis Administration and Opportunity Act

This week, Aleece breaks down the Cannabis Administration and Opportunity Act (CAOA), a draft legislation introduced in the United States Senate on July 14, 2021, that would legalize cannabis at the federal level, thus removing it from the Controlled Substances Act and allowing states to decide whether they want to legalize marijuana. Made possible by the CAOA, a lot of the barriers that have been problematic in the past for individual states to operate in the cannabis space (e.g., banking and insurance) will be removed.