Bzam Ltd (BZAMF)

[DarthYoda]

The COMPETES act has already passed the Senate with the Senate version, which does not include cannabis banking like the House version does. So, what's going on now is they are negotiating a final bicameral version...

"Marijuana Banking Sponsor Says He’s In Amendment Talks With Senate Leader As House Passes Reform For Sixth Time":
February 4, 2022

The House sponsor of a bipartisan marijuana banking bill revealed on Friday that conversations have been happening behind the scenes with Senate leadership about amending his legislation in a way that more specifically addresses equity issues to win their support.

Members voted 222-210 to pass the manufacturing and innovation bill—the America COMPETES Act—to which the cannabis banking measure was attached via an amendment on Thursday.

The Senate already passed its related version of the new innovation bill, with a focus on competing with China on trade, and that legislation does not contain the cannabis banking language. It remains to be seen what will come out of the resulting bicameral negotiations to merge the two forms of the legislation into something to send to the president’s desk.

https://www.marijuanamoment.net/marijuana-banking-sponsor-says-hes-in-amendment-talks-with-senate-leader-as-house-passes-reform-for-sixth-time/