Sign Colorado Banking Work Order Secure

Industry sign banking colorado work order secure

SHOWN IN A SIDE ROOM AND WAS NOT APPROVED, SEEN OR SANCTIONED BY THE CONFERENCES ORGANIZERS. GOVERNOR RON DESANTIS ATTENDED THE CONFERENCE. A SPOKESMAN SAID HE DID NOT SEE THE VIDEO. EVEN AS THE CULTURE OF CANNABIS GOES MAINSTREAM ACROSS THE COUNTRY, MARIJUANA RELATED BUSINESSES FACE A HUGE HURDLE FOR LEGITIMACY. OF THE FEDERAL LEVEL CANNABIS IS CONSIDERED AN ILLEGAL SUBSTANCE. THEREFORE MOST BANKS ARE NOT ALLOWED TO DO BUSINESS WITH THOSE COMPANIES. JB CHAVEZ IS AN ADVISOR TO THE CANNABIS TRADE FEDERATION. THAT IS A POLICY ADVOCACY GROUP. THANK YOU. WE WANT TO TALK ABOUT THE PROPOSED LAW AND THE U.S. HOUSE OF REPRESENTATIVES PASSED THE SAFE BANKING ACT LAST MONTH. THE SENATE IS EXPECTED TO PICK IT UP. EXPLAIN HOW THIS BILL WOULD WORK? THE MOST IMPORTANT THING FOR PEOPLE TO UNDERSTAND ABOUT CANDACE CANNABIS POLICY IS THAT THERE IS A MAJOR CONFLICT BETWEEN FEDERAL AND STATE LAW. THIS CREATES A LOT OF CONFUSION. THE SAFE BANKING ACT IS ONE OF THE FIRST STEPS TO RESOLVE THAT. AS IT IS TODAY CANNABIS COMPANIES ARE NOT ALLOWED TO USE TRADITIONAL BANKING SERVICES. THEY HAVE TO OPERATE IN CASH. THE NEED TO STORE THEIR CASH. THIS CREATES A PUBLIC HAZARD. CASES OF ROBBERIES AND EVEN MURDERS. WHAT ARE THE CHANCES, THERE'S A PETITION GOING AROUND IN FLORIDA RIGHT NOW. IS ASKING FOR A REFERENDUM ON RECREATIONAL MARIJUANA IN THE STATE. WHAT ARE THE CHANCES THAT WILL SUCCEED? THE THERE IS STRONG SUPPORT FOR THESE ISSUES. THE MAIN OBSTACLE IS THEY NEED TO COLLECT ENOUGH SIGNATURES IN ORDER TO GET THE INITIATIVE ON THE BALLOT. ONCE THEY DO THAT THE DEADLINE IS FEBRUARY 1. IF THEY DO THAT AND THERE'S EVIDENCE THIS ISSUE SHOULD HAVE ENOUGH SUPPORT TO PASS. THERE WILL BE A BIG TURNOUT. IT'S LOOKING PRETTY GOOD. I WANT TO ASK YOU ABOUT THE SAFE BANKING ACT. MY UNDERSTANDING IS IN SOME OF THOSE STATES THERE IS A VENMO TYPE OF APP THAT CAN BE USED. WHAT ABOUT THAT IN LIEU OF CHANGING THE BANKING LAWS? HOW DO YOU RESPOND TO THOSE WHO SAY BY CHANGING THESE LAWS YOU ARE OPENING THE DOOR TO MORE STATES TO BRING IN LEGALIZED MARIJUANA? THE TRANSACTION IS ONLY PART OF THE PROBLEM. A LOT OF THESE COMPANIES CAN'T GET LOANS OR HAVE BANK ACCOUNTS. GOING BACK TO THE CASH ISSUE. WHAT WE SAW IS THERE IS A LOT OF BIPARTISAN SUPPORT FROM BOTH PARTIES. A LOT OF MOMENTUM GOING INTO THE SENATE. THIS IS AN ISSUE THAT HAS GOTTEN A LOT OF POPULARITY. THERE IS A LOT OF STRONG SUPPORT. SUPPORTERS OF TRUMP ARE IN FAVOR OF MOVING THIS ISSUE FORWARD. YOU ARE SEEING IT ON BOTH SIDES OF THE AISLE? ABSOLUTELY. THEY MIGHT MAKE SOME CHANGES. IF THAT OCCURS IT WILL GO BACK TO THE HOUSE. AFTER THAT IT WILL GO OVER TO THE WHITE HOUSE. THE WHITE HOUSE HAS INDICATED EVEN THOUGH THE PRESIDENT HASN'T MADE SPECIFIC STATEMENTS. IF THIS BILL LANDS ON HIS DESK HE WILL SIGN IT. MOVING IT TO GO THROUGH THE FEDERAL BANKS OR BANKS IN GENERAL, DOES THAT GIVE AN EXTRA LAYER OF REGULATION AND A RECORD-KEEPING? IN TERMS AS IF THERE ARE ISSUES WITH THE FINANCES AND THE TRANSACTIONS? ABSOLUTELY. WHAT WE REALLY NEED IS THE FEDERAL GOVERNMENT TO STEP IN AND SET STANDARDS. NOT JUST FROM THE FINANCIAL PERSPECTIVE. WE HAVE SEEN THIS VAPING ISSUE THAT HAPPENED RECENTLY. THE FEDERAL GOVERNMENT NEEDS TO STEP IN. LET'S REGULATE IT AND TRY TO PROTECT THE AMERICAN PUBLIC. WHAT'S HAPPENING RIGHT NOW WITH MARIJUANA STOCKS? THEY HAVE BEEN DOWN. THE MAIN REASON IS THERE'S A LOT OF RISK AND UNCERTAINTY AROUND THIS INDUSTRY. ANOTHER ISSUE IS THE VAPING ISSUE. THAT HAS INVESTORS A LITTLE SCARED AND WEARY. THEY ARE LOOKING TO PUT THEIR MONEY ELSEWHERE. UNTIL THERE IS A CLEAR MESSAGE FROM THE FEDERAL GOVERNMENT TO REGULATE THIS INDUSTRY YOU WILL