Political

Here's why a Biden administration will be good for the US cannabis industry, even though it's unlikely he'll legalize marijuana federally

President-elect Joe Biden will be good — but not great — for the cannabis industry, analysts, executives, and other experts say.

While Biden has stopped short of endorsing federal legalization, both he and Vice President-elect Kamala Harris, have campaigned on decriminalizing marijuana.

Legal weed won big in the election, and will likely will trigger a domino effect of legalization

Plenty of uncertainty remains with the 2020 election, but one thing is clear: Recreational cannabis had a big night at the ballot box.

Voters in Arizona, Montana, New Jersey and South Dakota cleared cannabis for adult use, bringing the total number of states that have approved it for that purpose to 15.

Cannabis, no longer so divisive, draws more conservative support

As Americans head to the polls more divided than ever on social and economic issues, there’s one thing they’re actually coming together on: cannabis.

Much has been made of whether a victory for Democratic nominee Joe Biden, or a potential liberal sweep in the Senate, could bolster marijuana companies. But initiatives on the ballot in a handful of conservative states show Republicans are increasingly on board with legalization as well — perhaps paving the way for an end to federal prohibition, no matter who controls Washington.