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  4. Univec Conglomerate Inc (UNVC) Message Board

Think Guys Thanks Kgem A major step for a company

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Post# of 87085
(Total Views: 609)
Posted On: 01/06/2020 1:01:34 PM
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Posted By: toodles
Re: toodles #18710
Think Guys Thanks Kgem A major step for a company like Univec Conglomerate to grow its operations is the use of banks to hold and clear transactions. When a company having operations nationwide attempts to coordinate and manage all those pieces (logistics), it gets more complicated when it must rely on the use of cash for all of its transactions.

Moving cash around is a whole lot more challenging without the banking system, and efficiency becomes a problem as well. Thus, the Safe Banking Act is going to be paramount for it to be able to easily handle money and facilitate transactions across its different locations (all seventy some thousand of them). The Safe Banking Act would allow institutional investment as well, and that means billions of dollars looking for a new home. The Safe Banking Act is in the Banking, Housing, and Urban Affairs Committee right now. Enter Doctor Ben Carson.

While some might wish to push for full legalization of ALL cannabis, the Safe Banking Act is the critical piece of legislation for Univec, and the cannabis industry generally. With luck, The Safe Banking Act will receive due consideration on its own and without discussion of legalizing marijuana as a necessary part of it.



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