It is an odd, odd one – this year election is all over the board, especially for marijuana

This presidential election is turning out to be one for the history books. With Biden dropping out, a Kennedy becoming a major player, AI, and a nation on edge, it is becoming a year which is flustering the public. Few expect a clear outcome the night of the election and worries abound for the results. One key group worried is the cannabis industry, the presidential elections are all over the board for marijuana.

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While state legalization is increasing and consumer use is significantly growing, federal restrictions along with chaos in New York and California caused the industry to crash in 2022 and it has struggled ever since. The Biden administration’s last minute push to follow through on the 2020 campaign to help the industry has become a dud. The Drug Enforcement Administration (DEA) has delayed any action until December, guaranteeing zero industry support for 2024.  While all this is bad news, the candidates positions involve and change.

In the GOP camp, the presidential nominee has been indifferent toward marijuana. While he doesn’t drink, he seems to flow with popular opinion. He just posted support of recreational legalization in Florida (against his foe DeSantis) and seems to be positive toward the industry. But his team has made it clear cannabis is bad. The GOP Vice President candidate has not be a fan, voted against in the Senate and has been quiet on his stance.  House Speaker Mike Johnson (R-LA) is taking the place of Senator Mitch McConnell (R-KY) in trying to be a cannabis killer.

The GOP has an “extra man” in Robert Kennedy,Jr who has been positioned as a top tier leader. Kennedy is pro marijuana and recently attacked the Democratic Presidential candidate for her history against marijuana.

In the Democratic team, Biden was very slow in supporting the industry. Aside from pardons, which helped some individuals, it took 3 years for him to make a move.  Thousands of small mom and pop businesses in the industry placed hope in him, but have had struggled to pay bills. A seasoned policy lawmaker, it seems Biden’s team played a reschedule date game to see if they can convince younger voters. When it wasn’t needed, the DEA left the cannabis industry to twist in the wind. Harris has changed from being anti-marijuana during her time in California to being seemingly open to increased legalization. She has brought it up in her campaign, but it isn’t a major policy plank.

The only clear record is the Democratic Vice Presidential Tim Walz. As Governor of Minnesota, he has been a clear champion of legal cannabis. He seems to understand the medical benefits, the economic value to states, how it supports mom and pop businesses, can help veterans and reduces crime. He seems to be the only real champion.

The Fresh Toast is a daily lifestyle platform with a side of cannabis. For more information, visit www.thefreshtoast.com.

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