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California minimum wage law labor code section. But coupled with the positions of the presidential candidates they can offer a glimpse at how the us. But with the 2020 presidential election just months away the future of marijuana legalization will likely rest on the shoulders of whoever is sitting in the oval office come january. Senate and maintain their comfortable majority in the house of representatives.
Marijuana business executives can expect federal banking reform elimination of section 280e of the federal tax code a softening of federal marijuana prohibition and possibly even federal tax and regulate style legalization if democrats retake the white house and us. Of low amounts of cocaine and heroin in oregon to the legalization of recreational marijuana in new jersey and. If this election follows suit it could create a domino effect causing more states to advance cannabis reform.
Posted on november 3 2020 november 4 2020 today is election day and early polling projects that one of the big winners will be marijuana legalization. Legal marijuana marketplace might change depending on whether donald trump or joe biden occupies the white house in 2021 and which party controls congress. In 2016 the us election resulted in a green wave as cannabis legalization measures passed in eight out of nine states.
Four years ago the 2016 election resulted in a green wave for cannabis legalization. The republican and democratic platforms lack specifics about marijuana reform. 3 2020 marijuana is currently medically legal in 33 states and recreationally legal in 12 states as well.
The legalization marijuana is a particularly important issue for young voters and other key demographics. Voters in five states will decide on marijuana related initiatives.
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