Cannabis Industry Cautiously Optimistic It Won't Be Burned By Trump
HuffPost
Many marijuana business insiders think that the industry is too big to roll back.
Sunday marks 420, a semi-official “hangover holiday” celebrated by cannabis enthusiasts everywhere ― but not, perhaps, in the White House.
HuffPost reached out to see if Donald Trump and his administration had any plans to officially honor 420, but received no immediate response.
Trump’s own views on the wacky weed seem to go both ways: On one hand, he upheld federal prohibition of cannabis during his first term in office and has also suggested that drug dealers should get the death penalty.
On the other hand, Trump didn’t go after states with legal cannabis laws during his first term. Also, in 2024, he supported a Florida ballot measure that would legalize recreational marijuana in the state.
As a result, though fears abound that the president is screwing up the global economy, many people in the bud biz are cautiously optimistic that their businesses won’t get burned.
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