This Upcoming Catalyst Could Send Marijuana Stocks Soaring
Here we go again. The Secure and Fair Enforcement (SAFE) banking bill passed the House earlier this month. If that sounds familiar, it's because it passed the House in 2019, only to end up going nowhere in the Senate. Democrats also included it as part of a coronavirus relief bill last year, only for it to eventually get stripped out.
But this time, things are different. Unlike in previous years when there was stiff opposition in the Republican-controlled Senate, Democrats now have control of Congress. There is a far greater likelihood that the bill will not only get some attention in the Senate, but that it will pass. Here is why the bill matters and why it could send pot stocks to new heights.
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Source Fool.com
