The marijuana capital markets have experienced a whirlwind over the past few years – and this year’s elections around the nation show little sign of affecting the capital markets no matter who comes out on top.
New polling suggests that there is widespread support for cannabis reform among voters in the key swing states of Michigan, Pennsylvania, and Wisconsin.
The future of cannabis reform in the US is now looking increasingly positive, with both presidential candidates now appearing to show their support for change.
Following weeks of speculation in the increasingly fast moving and eventful US presidential campaign, Democratic candidate Kamala Harris has officially announced her running mate, long time cannabis legalization advocate Tim Walz.
The prospect of a Kamala Harris presidential nomination has helped boost the price of US cannabis stocks, as investors seem optimistic that the Vice President will carry the torch lit by Joe Biden.
US cannabis stocks rallied on Friday after Vice President Kamala Harris called on the Drug Enforcement Administration (DEA) to come to a decision on cannabis rescheduling ‘as quickly as possible’.
While it may have felt like the US House was practically celebrating 4/20 while voting for the SAFE Banking Act, Senate Majority Leader Chuck Schumer — who is currently hammering out federal legalization legislation — was less enthused about the cannabis banking legislation in an interview with Marijuana Moment.
