If President Donald Trump is reelected this year, chances are cannabis will remain federally illegal.
“I think the president has been pretty clear on his views on marijuana at the federal level. I know many states have taken a different path,” Marc Lotter, Trump’s director of strategic communications, said in a new interview conducted by Las Vegas CBS affiliate KLAS-TV.
Benzinga's Cannabis Capital Conference returns to Miami Feb. 24-25 with North America's largest B2B cannabis gathering, bringing together capital, cannabis executives, thought leaders and more!
One of the main drivers of Trump's cannabis policy is the perspective of parents, Lotter said.
“I think what the president is looking at is looking at this from a standpoint of a parent of a young person to make sure that we keep our kids away from drugs,” he said.
“They need to be kept illegal that is the federal policy. If he changes that obviously, that would be something that I wouldn’t want to get out in front of him on that."
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Comments
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 leverage California’s unique market?
Join top executives, policymakers, and investors at the Benzinga Cannabis Market Spotlight in Anaheim, CA, at the House of Blues on November 12. Dive deep into the latest strategies, investment trends, and brand insights that are shaping the future of cannabis!
Get your tickets now to secure your spot and avoid last-minute price hikes.