Kamala Harris said that she wouldlegalize adult-use cannabisat the federal level.
At this stage, federal legalization seems all but inevitable.
Federal cannabis policy has stagnated for decades.
President-elect Donald Trump speaks during a campaign rally in Grand Rapids, Michigan on November 5, 2024.KAMIL KRZACZYNSKI/AFP/Getty Images
Today,three-quarters of Americanslive in a state where marijuana is legal for either recreational or medical use.
Elizabeth Warren (D-Mass.)
What will Trumps policies ultimately look like when it comes to legal weed?
Its hard to tell what kind of alliances hes building as he tapsconvicted criminalsand otherunqualified candidatesfor key positions.
His first pick for attorney general, Matt Gaetz, was pro-legalization; cannabis advocates weredelighted.
Trump nominated Makary to head up the FDA in a post that would oversee federal cannabis policy.
Trying to track all Trumps nominees and their varying stances on legalization will give you whiplash.
His company Alien Labs is now licensed to operate in three states.
I think Democrats would have done better on the social-justice side, Lidie says.
Hes pretty favorable on psychedelics and cannabis.
I expect a move away from pharmaceuticals that will invite new strategic investors.
The idea seems appealing to venture capitalists.
Shes reserving judgment on Pam Bondi and heranti-marijuana record.
So we will see.
That doesnt mean that Ning is necessarily pessimistic about the upcoming administration.
I think its more status quo than anything else, he says.
Republicans are all about small government and states rights.
Thats the default way in which cannabis has been legalized.
We could see significant change with a loose cannon stepping into the Oval Office.
I dont support Trump.
I think hell be bad for the country.
But the snail-paced progress needs to be disrupted.
I wouldnt be surprised if he did something nuts (in D.C. terms) like federally legalizing cannabis.
Overall, the industry outlook for legal weed seems bright.
Could Trump and his cabinet of diehard MAGA loyalists flip the script on over 80 years of prohibition?
Well have to spark up, sit back, and wait to see.
