Trump On Marijuana Industry

Is Trump Administration Affecting the Billion-Dollar Marijuana Industry?

Economists predict that by 2021, the marijuana industry will be worth more than $21 billion. Because so much money and investment is at stake, everyone is waiting anxiously for what may happen under Trump’s administration. Cannabis is still illegal federally, even though most states have unbanned both medical and recreational marijuana. Effect of Trump Administration on Marijuana Industry Trump’s rhetoric on cannabis policy is confusing. His words suggest that he might support the right of states to make their own laws on pot, or at the very least, he may favor medical marijuana. However, he already has a history of reverting on campaign promises, such as Mexico paying for the border wall, which it can now pay later, if it ever does. There is no guarantee that Trump means what he says. Furthermore, Trump appointed Jeff Sessions as Attorney General. Sessions has opposing views on legalizing marijuana, and as a …

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