Cannabis is thriving in the US, and it’s about to enter a critical time as Americans prepare to vote.
With the US presidential election right around the corner, the Investing News Network (INN) talked with a few experts to determine what investors can expect regardless of the outcome.
The presidential election this year will see President Donald Trump face off against Joe Biden, Democratic nominee and former vice president. On November 3, voters will cast their ballots to decide whether or not Trump gets another four years in office.
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In this article, INN examines the ways the cannabis business may move forward in the case of a Trump re-election. Click here for our coverage of what could happen in the event of a Biden victory.
The Trump administration’s history with cannabis
Sentiment on the cannabis industry was mixed in the US after Trump’s win in 2016 — after all, Canada had yet to legalize the drug for recreational use, a move that has since paved the way forward by offering a roadmap to approach the novel drug industry.
During his campaign, Trump had sent mixed signals as to his personal level of interest in terms of cannabis policy, and after his election the confusion continued.
The biggest opposition and real moment of concern for the US industry came as Trump’s first attorney general, Jeff Sessions, reinforced his strong...
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