What Do Joe Biden’s Cannabis Policy And Seinfeld Have In Common? Nothing. Literally.
The Biden White House continues to disappoint the industry
Earlier this month, the Biden Administration dealt another blow to supporters of cannabis policy reform, and in this case, cannabis industry investors specifically. As reported by Politico, the Biden White House clarified its policy on prospective administration employees investing in the cannabis space, effectively prohibiting anyone with as much as minor stock holdings in cannabis companies from obtaining jobs in this administration.
According to an administration memo, “Eligibility may be negatively impacted if an individual knowingly and directly invests in stocks or business ventures that specifically pertain to marijuana growers and retailers… Decisions to willfully invest in such activity could reflect questionable judgment and an unwillingness to comply with laws, rules, and regulations.”
One might argue that the only people with questionable judgement in this situation are President Biden and those in his administration who believe that people who have invested their money in the fastest growing industry in the country are unfit to serve their country and hold jobs in this White House.
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