- The cannabis industry made $10.4 billion in 2018 in the United States.
- The legalization of the plant opened up over 250,000 jobs across the country.
- Only 1/3 of the United States has not legalized recreational or medical marijuana use.
TALLAHASSEE, Fla. – Once the Democratic Primaries are finished, the legalization of recreational marijuana nationwide will be a discussion voters would like to know more about. Topics that are in the spotlight at the present debates have been revolving around healthcare, immigration, and climate change. However, when candidates from the Democratic party have been selected to move forward with their campaigns, their stance on cannabis could play a huge factor in their funding.
Legalizing Recreational Marijuana
When it comes to legalizing marijuana, those in the industry say that legalization could follow the same path like that of CBD. Cannabidiol is extracted from the cannabis plant and is legal to use everywhere in the United States. The difference between the two comes from CBD products not having high enough THC (tetrahydrocannabinol) levels to be illegal. THC is what causes the “high” effect in cannabis while CBD helps with pain and other ailments without any “high” which is what is illegal.
CBD and the entire cannabis industry is a highly lucrative one. Many of those in the business would like to donate funding to candidates for the 2020 Presidential Election who are in favor of legalizing recreational marijuana throughout the country.
“Funding on the campaign trail is always a struggle,” said Madisen Saglibene, the state director of Nevada’s NORML (National Organization for the Reform of Marijuana Laws). “However, the marijuana industry is surely in favor of seeing cannabis-friendly contenders and may choose largely to contribute to any candidate using their platform to progress the industry.”
While most voters believe marijuana reform will happen under the leadership of a progressive candidate, President Donald Trump has not spoken out against the issue. Should the legalization of cannabis pass in Congress while Trump is President, it’s highly probable that he would sign the STATES Act which allows for legal marijuana use.
“President Trump has been reasonable in this one area, and I believe he might actively support it in a second term,” said economist Dr. Mark Thornton.
Many Democratic candidates have spoken about their own experiences with marijuana, all the way back to the days of former President Bill Clinton. Both parties in the running appear to be open to the idea of legalized cannabis. Once they speak more about it throughout the duration of their campaigns, they can expect to receive funding from all of those in favor of the issue as well as give their election odds a boost in the process.