Business of Cannabis: Cannabis News | Cannabis Views | Cannabis Trends

Cannabis ETF coming and SAFE banking act's even SAFER

Episode Summary

And New Jersey’s Cannabis Regulatory Commission (CRC) is calling for public feedback on new proposals

Episode Notes

This week's stories:

• Subversive Capital Advisor, which focuses on emerging sectors, this week launched a new cannabis- focused ETF, stating that a ‘regulatory move to Schedule III status meaningfully changes the trajectory for this business.
• The text for the SAFE Banking Act that aims to transform banking for the cannabis industry has been amended.
• According to Marijuana Moment, which has seen a copy of the amended text, the bill’s updates relate to guidance, finance regulations and reporting requirements.
• Canopy Growth Corporation announced that it was seeking to raise up to $50m in additional funding via a ‘private placement offering’.

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About Cannabis Daily.

Cannabis Daily is a cannabis news and interview program from Business of Cannabis. We highlight the companies, brands, people and trends driving the cannabis industry.

Business of Cannabis is a cannabis industry platform marrying cannabis news, video and podcast content, newsletters and online and real-world cannabis events.

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