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Marijuana Stocks Could Benefit from Donald Trump Stand In Support For Federal Cannabis Reform

President Trump has the intentions to work towards legalizing medical marijuana on a federal level following next month’s midterm races, Rep. Dana Rohrabacher, California Republican, stated this past Thursday.

The Trump administration has made a “solid commitment” to change marijuana regulations, and the president has expressed his views in support of federally legalizing the cannabis for medical use, Mr. Rohrabachertold Fox Business Channel.

“I have been talking to people inside the White House who know and inside the president’s entourage,” Mr. Rohrabacher stated, Fox Business reported. “I have talked to them at length. I have been reassured that the president intends on keeping his campaign promise.

“I would expect after the election we will sit down and we’ll start hammering out something that is specific and real,” he added. “It could be as early as spring of 2019, but definitely in the next legislative session.”

Mr. Trump was not planning on campaigning for legalizing marijuana, yet he stated while running that he wanted states to be in control and able to pass laws permitting the plant in spite of federal prohibition.

“The marijuana thing is such a big thing. I think medical should happen — right? Don’t we agree? I think so,” he said in 2015. “I think that should be a state issue, state by state.”

One reply on “Marijuana Stocks Could Benefit from Donald Trump Stand In Support For Federal Cannabis Reform”

No good state to state. Should be countrywide like Canada with recreational. Why are we so behind? We have been smoking this plant for thousands of years. It was even found in mummy tombs in Egypt, cave drawings of it and all. We have receptors in our body for it so why can’t we enjoy it if we are such a free country? We are not free at all. Plant medicine!

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