Cannabis stocks up on word of Senate committee action on SAFE … – Seeking Alpha

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Mullti-state operators are mostly higher in Friday trading amid a report that the Senate Banking, Housing, and Urban Affairs Committee will mark up the SAFE Banking Act the week of Sept. 25.

NBC News reported that the bill has bipartisan support in the committee. Republican Sen. Steve Daines of Montana told the financial news network the votes are there to pass the bill in the full Senate.

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