Members of the National Cannabis Industry Association (NCIA), the oldest and largest trade association serving the industry, spent two days lobbying on behalf of the SAFE Banking Act, which would provide cannabis companies access to traditional banking services, reported the Canadian Press.

"We know right now, if SAFE were to come up, it would be a 65 to 70 vote," stated Aaron Smith, NCIA's chief executive. "NCIA is completely supportive of comprehensive reform … but we know the votes are there for SAFE, so our focus is on getting SAFE over the finish line."  

Canadian Co. Weighs In

Omar Khan, senior vice-president of corporate and public affairs of Canadian cannabis retailer High Tide Inc. (NASDAQ: HITI) (TSXV: HITI), was part of the delegation meeting with Senate and House officials from both sides …

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