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U.S. House Passes SAFE Banking Act To Give Cannabis Industry Access To Banking Services


U.S. House Passes SAFE Banking Act To Give Cannabis Industry Access To Banking Services
CBS Denver
1 hr ago
Syndicated Local – CBS Denver
(CBS4) – The U.S. House of Representatives once again passed the SAFE Banking Act on Monday, which would give the cannabis industry access to banking services. The bipartisan bill was co-authored by Rep. Ed Perlmutter, a Democrat who represents Colorado’s 7th Congressional District.
© Provided by CBS Denver
Rep. Ed Perlmutter, D-Colo., at the House steps of the U.S. Capitol during votes on Friday, Dec. 4, 2020.
Rep. Ed Perlmutter (credit: Tom Williams/CQ-Roll Call, Inc via Getty Images) ....

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Seven Seven Six names first 3 'operators in residence'


The fund received over 1,100 applications in a week and only accepted three operators.
Back in September, Seven Seven Six targeted a $150 million fundraising.
After three months and 1,100 applications, venture fund Seven Seven Six has named the first three participants in its operators in residence program, the fund s bid to help tech professionals from a variety of backgrounds make the move into a career in venture capital investing.
Last Friday, the fund announced the three chosen operating partners, and reiterated the program s mission: If we can attract and train talented operators from a wide variety of backgrounds for an annual evergreen program, we can then provide unparalleled support to our portfolio companies year over year AND bring much needed access and opportunity for all to venture capital. ....

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Major Industry Veterans Join Blockcap as Mining Expansion Dominates Global Industry


Press release content from Business Wire. The AP news staff was not involved in its creation.
Major Industry Veterans Join Blockcap as Mining Expansion Dominates Global Industry
February 19, 2021 GMT
DALLAS (BUSINESS WIRE) Feb 19, 2021
Blockcap Inc. (“Blockcap”), a blockchain technology and mining company, announced today the addition of more industry veterans to its Advisory Board in a move that signals not only a commitment to attracting top-notch talent but also a determination to press ahead with rapid growth. The new arrivals come after Blockcap’s announcement last week that it has acquired an additional 10,000 bitcoin Antminer S19 miners, and after a flurry of additions to its C-Suite and Board of Directors. ....

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