Great strides continue to be made across the US in the bid to legalize cannabis at both the medical and recreational level. Despite recent setbacks in New Jersey and New York, there is still much optimism amongst industry participants and lawmakers that legislation can be passed in the near future. New Jersey Senate President Stephen Sweeney has committed to move forward with the expansion of their medical cannabis program while Missouri, Oklahoma and Utah are developing their medical programs as well.
Yet another landmark development for cannabis banking legislation is the bipartisan Secure and Fair Enforcement (SAFE) Banking Act, that would provide protection to banks who would provide services to legal cannabis companies. It is hoped that the House Rules Committee will take up the measure within a month.
Against this backdrop, IMN are excited to host their 3rd Institutional Capital & Cannabis Conference (IC3), as the leading investor forum for the legal cannabis industry. IC3 is a meeting place for investors who wish to invest or learn more about this exciting and high-growth new asset class, cannabis companies and investment funds who are looking to raise money or showcase their products, and professional service providers who facilitate these groups doing business.
