CV Sciences Inc (CVSI)

[Wolf-man jack]

WQLF SAYS; Nice to know that misinformation can be challenged by some who need to be informed YQU Now Understand YQU Understand. Have Mercy Have Partners Have Faith WQLF Ahooooooo

GE_ JIMMINNY Cricket Said

No, that is incorrect. CVSI, a cbd company already enjoys all benefits. They are not selling MJ, just cbd which is already legal.

Stock It Out Said:

You're right, I stand corrected. Mixed-up banking bill with the rescheduling as affect upon taxes per 280e, thanks.
And right, cbd under the 2018 Farm Bill is legal.
Though it seems with banking bill and rescheduling, if these occur, the entire mj/cbd sector will move higher. CBD sales will increase too with the mj 'illegal' stigma removed or significantly reduced.

The 2021 SAFE Banking Act
The core provisions of the most recent version of the bill remain the same as the 2019 bill. They include protections for hemp businesses, as well as some small technical changes to the language and a slightly expanded definition of "financial services," which have been described as "additional incentives for bipartisan support."

https://www.investopedia.com/safe-banking-act-4587773

“The bill also provides protections for hemp and hemp-derived cannabidiol (CBD) related businesses.”


http://blumenauer.house.gov/media-center/press-releases/blumenauer-joyce-merkley-daines-introduce-safe-banking-act-to-improve-community-safety-and-banking-access-for-legal-cannabis-businesses