“If you want to find something interesting, invest in companies affected by 280E,” Mitch Baruchowitz, a managing partner at the cannabis-focused investment firm Merida Capital Holdings told Insider in a panel last week.
Any US company that sells THC in the US is affected by 280E.
The House passed the SAFE Banking Act, a modest cannabis reform bill, in April.
For his part, Sen.
“There are a lot of people who think there’s going to be this blinking green light that says ‘now’s the time to invest in cannabis,'” Baruchowitz said.