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Benzinga
Benzinga
Business
Maureen Meehan

Cannabis Banking Act Added To Other Legislation By Rep. Perlmutter, MSO Shares Rise On News

Ed Perlmutter United States

Rep. Ed Perlmutter (D-Colo.) has attached the SAFE Banking Act, which would allow U.S. financial institutions to do business with legal cannabis entities, as an amendment to the America Competes Act.

Perlmutter made the announcement in a Tweet Friday afternoon.

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