Are you looking for penny stocks to buy now? If you are, then you’re likely on the hunt for clear trends. Whether it’s breakout stocks to watch or specific industry momentum, knowing what’s happening in the stock market today is key. That brings us to marijuana stocks and related penny stocks to watch.
The Secure and Fair Enforcement (SAFE) Banking Act is expected to advance to the Senate floor. It was introduced by a bipartisan group of senators. The bill aims to establish a safe harbor for financial institutions serving legal marijuana businesses.
This legislation represents a significant step for the marijuana industry. It addresses the financial constraints faced by legal cannabis businesses and aims to enhance safety by reducing cash transactions. But, like previous versions of SAFE, does it stand a chance? There have been plenty of “sell the news” events surrounding this “watershed” event.
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