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Trump On Marijuana Industry

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Are Marijuana Reforms under Trial after Trump’s Election to Office?


icon  19 Nov, 2016  /  icon  6        Author: Paul

Marijuana reforms have come a long way and the people elected into office have always had a major role to play in determining the success or failure of these reforms. About ten days following Donald Trump’s election into office, Americans have started to get signals of how things may turn out for cannabis with Trump’s administration. This is especially after looking at the people Trump is bringing on board to work with him in his administration. Just a few days ago, Trump nominated Senator Jeff Sessions to the office of US attorney general. During the campaign period, Trump pledged support for state laws regarding marijuana. However, nominees to his administration may give Americans some reason to worry. In the past, Sessions has openly shown disinterest in cannabis and most probably, very little can be expected from him as far as the support for marijuana reforms is concerned. However, this is …

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What the New Trump Presidency means to the Marijuana Industry


icon  09 Nov, 2016  /  icon  11        Author: Paul

Players in the marijuana industry have been following the presidential campaigns and election keenly because of the implications of the new presidency to the industry. After a heated campaign period, Trump has won the presidency. The win is good news for his supporters and the marijuana industry as well. Trump has never held a public office before and hence it has been hard for law reformers to predict his move on the legalization of marijuana. However, many legal analysts believe that he will think like a businessman and legalize the drugs because of the high revenues that the industry generates every year. States such as California that have legalized cannabis for medical use have benefited from high tax revenues and low costs of law enforcement. Trump’s stand on legalization of marijuana has been slippery, which is understandable because of the implications of such laws. However, his responses to questions on …

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