Marijuana Business Magazine March 2020
March 2020 | mjbizdaily.com 31 available to business on a case-by-case basis. The TCS can provide services if a federally licensed marijuana business seeks to do business in a country that is party to United Nations drug treaties and has a legal framework for the medical or scientific use of can- nabis. Support for nonmedical businesses is not offered. This is a major development for Canadian companies, which have long been advocating for government support. The TCS network spans more than 160 cities around the world, which should help Canadian companies compete globally. Senators Urge Panel to Move SAFE Act Forward The four lead sponsors of the SAFE Banking Act that passed the U.S. House of Representatives in September are urging Senate Banking Chair Mike Crapo of Idaho to work in partnership to move the issue forward in the Republican-controlled upper chamber. The Senate is unlikely to pass legislation legalizing can- nabis at the federal level this year, but there is a chance of bipartisan support on banking reform. U.S. representatives said banking reformmoves the industry away from associ- ated problems associated with an-all cash economy. © 2020 Marijuana Business Daily, a division of Anne Holland Ventures. All rights reserved. Data is current as of Feb. 15, 2019.
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