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STATES 2.0 & PREPARE Act: What Cannabis Investors Need to Know

STATES 2.0 & PREPARE Act: What Cannabis Investors Need to Know

Published 1 year, 2 months ago
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In our latest Trade To Black Podcast presented by AdvisorShares ETF PSIL (NYSEARCA: PSIL), host Shadd Dales and Anthony Varrell welcome Gretchen Gailey, founder of Panoptic Strategies, and a seasoned Washington insider with years of experience in cannabis lobbying. Gretchen's background includes an extensive background with lawmakers and advocacy groups, progressing cannabis reform and bridging the gap between businesses and policymakers.We'll discuss two major marijuana bills filed last week by Congressman Dave Joyce: the STATES 2.0 Act and the PREPARE Act. These bills represent significant steps toward cannabis legalization and reform. The STATES Act addresses prohibitionists by setting up research initiatives, traffic laws, and SAFE Banking provisions. It also tackles 280E, making cannabis companies exempt from its burdensome tax restrictions. Meanwhile, the PREPARE Act helps Congress gradually prepare for full marijuana legalization, aligning federal laws with state-level regulations and opening the door for interstate commerce.Plus, next week marks Unity Week, where advocacy groups will meet with members of Congress to push these bills forward. We'll discuss what the key messaging needs to be.Tap into the emerging psychedelics sector with $PSIL, the AdvisorShares ETF giving investors exposure to a powerful new wave of biotech, therapy, and wellness innovation. https://advisorshares.com/etfs/psil/#Cannabis #MarijuanaLegalization #CannabisReform #CannabisStocks #FederalLegalization #SafeBanking #CongressmanDaveJoyce #CannabisIndustry #HempPolicy #CannabisAdvocacy Want to see the last week's recap?   • Congress Highlights Biggest Developme...  Want to see more Cannabis Reform videos?   • Cannabis Culture, 4/20 History, and t...     • Can Cannabis Stocks Stay Resilient Am...     • Hemp Market Chaos: Is It Time for a C...     • Trump’s Drug Policy Skips Cannabis, R...  Want to be updated on Cannabis, Small Cap, AI, and Crypto? Subscribe to our

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