On today’s Trade to Black podcast, Shadd Dales and Ben Smith are joined by Rob Sechrist, President of Pelorus Equity Group and Co-Manager of the Pelorus Fund. Sechrist gives us his thoughts on what’s going on now with the beleaguered SAFE Banking Act and it’s upcoming hearing. The hearing is scheduled for May 11, but will we ever see this act happen?

The SAFE Banking Act is proposed US legislation that seeks to provide legal protection for financial institutions that work with state-legal cannabis businesses despite cannabis being illegal federally. It would prevent federal banking regulators from penalizing these institutions, but …

Full story available on Benzinga.com

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