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Cannabis Tycoon Curaleaf expected to monetize loads after Connecticut Legalizes

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This November 3rd, 2020, marks a potentially momentous turning point in American politics. For all voters in the United States, and expatriates abroad, the fate of their nation rests on the electoral system. That is because, as they did countless times before, the Democratic and the Republican parties will face off once more. At their helms stand candidates Joe Biden and incumbent president Donald Trump. Both politicians diverge greatly on their policies regarding immigration, healthcare and climate change. And lastly, but also just as important, is the issue of cannabis legalization.

The problem is that by enabling a bipartisan, extreme, polarized setup, voters need to fully accept the gravity of individual votes. If you liked the incumbent’s hardline anti-immigration stance, you might like the other’s expanded Obamacare plan too. So, choosing between either means thinking on the merits and demerits of each. Although, for most, that choice is overwhelmingly anti-Trump. Joe Biden, knowing his strong support amongst people of color, and the youth, plays to his base accordingly. Not surprisingly, one of his biggest plans is social equity with respect to drug-related convictions.

Both candidates bring differing viewpoints on cannabis to the table

Donald Trump, even after serving 4 years as a largely unconcerned figure in weed policies, now bears a new campaign. His party makes vague promises about relaxing marijuana import bans and restrictions. However, with no time frame nor effective plan given, there is not much to look forward to. Furthermore, the president did not go any further when it came to current legislation, which federally outlaws recreational cannabis.

Meanwhile, Biden holds a bit more promise on this front. Incorporating moderates and left-wingers into his mainstream, he seeks the approval of the newer generations. He may come from the “boomer” category, but his aides and advisors do not. His party advocates social equity for cannabis related convicts. This also aims to gain the support of affected Black and Latino communities affected by the War On Drugs. Interestingly, but also worryingly, Biden speaks extensively of decriminalizing, but not legalizing, weed. That means he is not pro-cannabis regulation, just expecting users to manage their own sources. However, as many detractors quickly point out, Biden himself signed off on the disastrous 1994 bill against drug offenders.

Experts predict that this potential shift in attitude could mean growth for the cannabis industry

As the COVID-19 pandemic is here to stay, at least for some time more, economic strains become increasingly apparent. Over 8 months of social distancing rules and safety precautions leave their mark everywhere. Public gathering places were closed for months on end, and airlines went bankrupt due to travel bans. One of the few growing industries during the time of self-quarantine was the recreational cannabis industry.

Even now, as election day fast approaches, politicians seem to gravitate in from both sides. They all know, after all, that the secret to winning public sympathy may lie in cannabis culture. That is evidenced from Biden’s Vice President, Kamala Harris, and her assurances that she would work for federal legalization. Either way, the winning candidates will need to prove their claims.

Increasing numbers of states head towards cannabis legalization, signaling an inevitable federal decision

As more and more states, from the traditionally conservative to the progressive, embrace legal cannabis, speculations abound. Most of these concern the near future, on a national scale. Will cannabis ever reach federal legalization, in the vein of gay marriage in 2015? Only time will tell.

Source: https://www.google.com/url?rct=j&sa=t&url=https://cannabishealthinsider.com/5633/cannabis-tycoon-curaleaf-expected-to-monetize-loads-after-connecticut-legalizes/&ct=ga&cd=CAIyGmFhNDVjMDg0ZjNlMjdiMmY6Y29tOmVuOlVT&usg=AFQjCNFROB4-YqDSEeGsH5wNGKGpjnJByA

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Republished by Plato

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Heartland

Republished by Plato

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Heartland

Republished by Plato

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