Cantor Fitzgerald’s analyst Pablo Zuanic, who recently met with lawmakers in the nation's capital said congressional leaders are poised to pass banking legislation for the cannabis industry in the upcoming elections.
According to Zuanic, the marijuana industry may not have to remain in regulatory limbo for much longer, although it could take some last-minute haggling in the aisles. He noted that the passage of "SAFE Plus" is now likely during the Congressional lame duck period between the November midterms and when the new Congress is sworn in in January 2023.
