Tag Archive for: politics

Newsletter – October 2022 Biden pardons cannabis charges supporting KEY’s latest white paper

Talk about timely… Following Biden’s pardoning of prior federal charges on simple cannabis possession and the ordering of the review of federal cannabis laws, we thought it would be prudent to share with you our recently published white paper, “Cannabis 2.0: Investing opportunities in today’s regulated industry”. In this white paper, we analyze the rapid […]

Newsletter – Top Political Figures Are Pushing The U.S. Federal Government To Deschedule Cannabis

Top Political Figures Are Pushing The U.S. Federal Government To Deschedule Cannabis September 15th, 2021, Mayors throughout the U.S. are urging the federal government to deschedule cannabis. Members of the U.S. Conference of Mayors approached President Biden with the purpose to legalize cannabis at the federal level; erase previous cannabis convictions; and to ensure that […]

Cannabis & The 2020 Election

The Marijuana Superweapon Biden Refuses to Use

Cannabis could be an effective tool to win over voters from both sides of the aisle, so why is Joe Biden hesitant to join the rest of his party and most other Americans? It is popular in key political states, it motivates cannabis supporters to go out and vote and appears to have little political downside. The answer is public health concerns.

National Legalization in the United States Could Result in Nearly $130 Billion in Tax Revenue, and an Estimated 1.6 Million New Jobs

States across the country are looking to cannabis to fuel both tax revenue and job growth. The cannabis industry currently employs nearly 250,000 full time jobs – and these numbers only scratch the surface for an industry that remains illegal federally and in nearly 80% of the states.

Cuomo Vows to Legalize Marijuana in 2020

Governor Cuomo at his 2020 State of the State address last month vowed to legalize Marijuana in New York – citing the effort as a long overdue criminal justice reform. Quickly moving forward with his promise, Cuomo introduced new cannabis legislation as a part of his 2020 budget proposal.

Marijuana Reform Emerges as a Central Issue for 2020

Candidates Overwhelmingly Support Legalization. Plus, Colorado Surpasses $1B in Cannabis Sales in Record Time and Congress Hears Historic Cannabis Reform Testimony from Powerful Coalition of Civil Rights Activists

Schumer, AG’s Agree on Cannabis Reform: “It’s Time”

38 State Attorneys General Sign Letter to Congress Urging Action on SAFE Banking Act

The Many Sides of Legalization: An Investor’s Guide to the Politics of Pot

The excitement around investing in cannabis is obvious and undeniable. It shows up in headlines on a daily basis, and investors agree that the time to get involved is before federal legalization normalizes returns, not after. But when will that be? Most will readily say that legalization is going to happen, but very few can tell how or when it will happen. Still fewer can coherently explain the confused, fractured legal status of cannabis at the state level or the many nuanced ways cannabis could experience a de facto legalization that would stimulate huge growth in related capital markets. In this article we outline the myriad political pathways cannabis could take towards legalization, and just how soon it could happen.

M&A Lights Up U.S. Cannabis Industry as BlackRock, Vanguard Announce Investments

Largest-Ever Acquisition in U.S. Cannabis Markets In what will be the largest US-based cannabis acquisition to-date, Chicago-based Cresco Labs has agreed to buy CannaRoyalty in an all-stock transaction valued at $825 million. Cresco stock soared 10% higher and closed at an all-time high, signaling investor support for the deal. This follows on the heels of […]