Harris wants to stand out as the pro-cannabis candidate. The industry isn't convinced yet

  • 📰 CNBC
  • ⏱ Reading Time:
  • 36 sec. here
  • 17 min. at publisher
  • 📊 Quality Score:
  • News: 70%
  • Publisher: 72%

Breaking News: Investing News

Elections,Retail Industry,Breaking News: Business

Vice President Harris said she supports legalizing cannabis. This follows Trump's comments last month signaling his support. Industry leaders aren't convinced.

This was the first time she spoke on the issue publicly since she became the Democratic nominee.US Vice President Kamala Harris speaks during a roundtable conversation about marijuana reform and criminal justice reform, in the Roosevelt Room of the White House on March 15, 2024 in Washington, DC.

"I am encouraged by Vice President Harris's support for cannabis legalization; however, we need real action, not just rhetoric," said Jason Wild, executive chairman of Toronto Stock Exchange-listed cannabis company, which has operations in the United States. "I hope this time around, these campaign promises aren't just soundbites but will lead to tangible change."

In July, the public comment period on cannabis reclassification ended with a significant 43,000 comments submitted for review. In August, the Drug Enforcement Administration further delayed reclassification further by scheduling a hearing on the proposed rule change for Dec. 2, after the election.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in BUSÄ°NESS

Business Business Latest News, Business Business Headlines