Although Trump Is Rated An Entire Letter Grade Lower Than Clinton, It’s Ultimately Unclear What His Plans Regarding Marijuana Legalization Are.

Although Trump is rated an entire letter grade lower than Clinton, it’s ultimately unclear what his plans regarding marijuana legalization are. He is a vocal supporter of medicinal marijuana as well as leaving the decision of legalization up to state governments. In fact, marijuana legalization is the most sensible decision for the president who campaigned on the platform of growing domestic industries and reducing the influence of foreign cartels and traffickers. Regarding recreational marijuana use, White House press secretary Sean Spicer said Thursday , Feb. 23, that, “there is still a federal law that we need to abide buy.” The statement colorado medical marijuana sent a collective shiver among marijuana investors that brought down the North American Marijuana Index by 8.5% the following day. But the White House’s rhetoric remains speculative at best and in the meantime, legally operating marijuana businesses are steaming ahead . Gormley also pointed to a recent watershed moment in 2016 where the U.S. Justice Department dropped its case against the Harborside medical marijuana dispensary in Oakland, Calif., after a four-year legal battle. The dispensary is one of the largest in the United States and the legal precedent established by the dispute underscores the industry’s progress in recent years. Where banks have been absent, credit unions and private equity firms have stepped in.

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