At the Benzinga Cannabis Capital Conference, insiders, including former U.S. Sen. Cory Gardner and former U.S. Rep. Ed Perlmutter, discussed the potential for the SAFER Banking Act to be attached to the Federal Aviation Administration reauthorization, signaling progress in cannabis banking reform. The AdvisorShares Pure US Cannabis ETF (MSOS) saw a midday surge, possibly in reaction to these discussions. The bipartisan support for the SAFER Banking Act and recent discussions among key Congress members and Senate Majority Leader Chuck Schumer about attaching cannabis banking legislation to the FAA bill indicate that cannabis banking reform is closer than ever.