Cannabis Legalization: What’s At Stake on Election Day

Next week’s elections have the potential to make some serious changes and reforms for cannabis and even psychedelics. In this post, I’ll examine some of the bigger-ticket items to watch.

The Presidency: Probably the most impactful thing for the cannabis industry is the presidency. I wrote a post last week about how federal law is unlikely to change with the current administration. We did, after all, give Trump a D+ on his record for cannabis. While Biden himself only scored slightly better by our rankings, he has since added Kamala Harris to his ticket, and Harris has a better track record and Canna Law Blog ranking on cannabis. On the balance, we think a Harris/Biden ticket will go a lot further with respect to cannabis legalization than a Trump/Pence reboot.

Congressional Races: There are a number of hotly contested races across the United States and Democrats seem to have serious chances in many conservative states. Just a few days ago, Chuck Schumer noted that if Democrats retake the Senate, cannabis legalization will be a priority. We think that blue wave in Congress will move the ball towards federal legalization significantly further.

Arizona: Medical cannabis is already legal in Arizona.

Read More Here…

Share on facebook
Share on twitter
Share on reddit
Share on pinterest
Share on email

Bud Digest

This entry was posted in Vaporizer E-Cigarette Stocks News. Bookmark the permalink. Follow any comments here with the RSS feed for this post. Post a comment or leave a trackback.

Leave a Reply

Your email address will not be published. Required fields are marked *

Your email address will never be published.