Zinger Key Points
- Former Congressman Patrick Kennedy, who co-founded SAM, is known for his hard stance against legalization.
- SAM boldly claims that THC use reduces IQ, although studies show that's not the case.
- Today's manic market swings are creating the perfect setup for Matt’s next volatility trade. Get his next trade alert for free, right here.
A group of anti-marijuana advocates convened in Washington, D.C. on 4/20 — a day typically reserved for cannabis-oriented celebrations — calling for "a balanced discussion" on cannabis legalization.
Smart Approaches to Marijuana (SAM), which describes itself as a bipartisan group and an alliance focused on advancing a "health-first approach" to marijuana policy, unveiled its 2023 Impact Report.
"Many people have bought the marijuana industry's line that their products weren't addictive or dangerous and could actually help communities of color. Now, the data is in to prove it was a lie," SAM president Kevin Sabet, a former drug policy advisor to Presidents Obama, Bush, and Clinton, said.
See Also: 4/20 And Cannabis In Chile - Street Fairs, Film Festivals And Senate Discussions On Legalization
The report, which is backed by media personality Dr. Drew Pinsky, claims to have analyzed "medical, scientific, and government data from every state that has legalized" cannabis. Some of the criticisms SAM makes, include:
- One in three annual users have a marijuana use disorder.
- Only 4 percent of THC product producers are people of color.
- THC use reduces IQ (although studies show marijuana use and IQ are uncorrelated)
SAM was co-founded by former Congressman Patrick Kennedy, known for his hard stance against cannabis legalization despite polls illustrating public support.
More Opposition To Marijuana
The conference comes on the heels of last week's meeting at the U.S. Capitol during which the Anti-Narcotic & Anti-Addictive-Drug Coalition, Smart Approaches to Marijuana Minnesota, and members of law enforcement argued against cannabis legalization in Minnesota.
Olmsted County Sheriff Kevin Torgerson raised some safety concerns.
“It’s really saddening to me that we’re willing to have as collateral damage the deaths on our highway just because people want to use marijuana recreationally,” he said.
Next: 10% Of U.S. Vets Consume Marijuana, Defense Dept Urged To Study Cannabis As Opioid Substitute
Photo: Courtesy of Krakenimages.com by Shutterstock and Kindel Media by Pexels
© 2025 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
Cannabis is evolving—don’t get left behind!
Curious about what’s next for the industry and how to stay ahead in today’s competitive market?
Join top executives, investors, and industry leaders at the Benzinga Cannabis Capital Conference in Chicago on June 9-10. Dive deep into market-shaping strategies, investment trends, and brand-building insights that will define the future of cannabis.
Secure your spot now before prices go up—this is where the biggest deals and connections happen!