CV Sciences Inc (CVSI): No, that is incorrect. CVSI, a cbd compa...

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GE_Jim

Re: StockItOut post# 81779

Friday, 09/22/2023 9:48:15 AM

Friday, September 22, 2023 9:48:15 AM

No, that is incorrect. CVSI, a cbd company already enjoys all benefits. They are not selling MJ, just cbd which is already legal.
Also, SAFE banking will not affect federal taxes for the MJ companies. That would be under 280e and would require sch 1 to scd 3. Currently not approved. The HHS has referred to the FDA for study, DEA is also doing their own study, from there it needs to go to the senate to pass, then the house to pass and then be signed off by the President.
However, again none of that will help CBD companies as they are already legal and again enjoy all those financial benefits already.

Bearish

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