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Conservatives Starting to Accept CBD/Cannabis

Woman Holding CBD Dropper

&NewLine;<p>As the use of CBD and medical marijuana continues to increase&comma; so too has support for the legalization of cannabis among conservatives&period;<&sol;p>&NewLine;&NewLine;&NewLine;&NewLine;<p>&OpenCurlyDoubleQuote;The prevailing wisdom has been that a conservative administration would be less receptive&comma; but I think legalization is now inevitable on its own kinetic energy&comma;” says Sturges Karban&comma; CEO of cannabis logistics company ManifestSeven&period;<&sol;p>&NewLine;&NewLine;&NewLine;&NewLine;<p>Four states legalized recreational marijuana in 2020&comma; including red states Arizona&comma; Montana&comma; and South Dakota&period;<&sol;p>&NewLine;&NewLine;&NewLine;&NewLine;<p>&OpenCurlyDoubleQuote;The red states are empirical evidence that there’s enough demand and support at the grassroots that the issue is agnostic to party&comma;” says Karban&period; &OpenCurlyDoubleQuote;How do you ignore that if you’re in Washington&quest;”<&sol;p>&NewLine;&NewLine;&NewLine;&NewLine;<p>Polls conducted in New Jersey &&num;8211&semi; the fourth state to legalize in 2020 &&num;8211&semi; suggest 52&percnt; of Republicans support legalization&period;<&sol;p>&NewLine;&NewLine;&NewLine;&NewLine;<p>&OpenCurlyDoubleQuote;People are just much less afraid of marijuana than they used to be&comma;” says New Jersey lawyer John Fanburg&comma; citing the state’s increasing medical marijuana usage&period;<&sol;p>&NewLine;&NewLine;&NewLine;&NewLine;<h4 class&equals;"wp-block-heading"><strong>Those who favor CBD&sol;cannabis legalization are hoping President Joe Biden will take action&period; <&sol;strong><&sol;h4>&NewLine;&NewLine;&NewLine;&NewLine;<p>Last month&comma; Reps&period; Earl Blumenauer &lpar;D-OR&rpar; and Barbara Lee &lpar;D-CA&rpar; sent a letter to President Biden urging him to grant <a href&equals;"https&colon;&sol;&sol;www&period;theverge&period;com&sol;2021&sol;2&sol;1&sol;22243311&sol;democrats-biden-marijuana-policy-reschedule-drug">mass clemency<&sol;a> to people with federal cannabis convictions&period;<&sol;p>&NewLine;&NewLine;&NewLine;&NewLine;<p>&OpenCurlyDoubleQuote;Until the day that Congress sends President Biden a marijuana reform bill to sign&comma; he has the unique ability to lead on criminal justice reform and provide immediate relief to thousands of Americans&comma;” they said&period;<&sol;p>&NewLine;&NewLine;&NewLine;&NewLine;<p>Under President Biden&comma; it’s very possible that Congress will approve the <em>STATES Act<&sol;em>&period; This would give each state the authority to develop its own laws- including those regarding interstate traffic of cannabis&period;<&sol;p>&NewLine;&NewLine;&NewLine;&NewLine;<p>The<em> STATES Act <&sol;em>would eliminate tax code 280E&comma; which prevents cannabis companies from deducting their operating expenses for tax purposes&period; It would also remove current restrictions blocking banks from participating in the industry&period;<&sol;p>&NewLine;&NewLine;&NewLine;&NewLine;<p>Other proposals include the <em>SAFE Act<&sol;em>&comma; which would allow banks to serve cannabis companies&comma; and the <em>MORE Act<&sol;em>&comma; which would legalize marijuana nationwide&period;<&sol;p>&NewLine;&NewLine;&NewLine;&NewLine;<p>—<&sol;p>&NewLine;&NewLine;&NewLine;&NewLine;<p>Considering the severe economic losses caused by <a href&equals;"https&colon;&sol;&sol;punchingbagpost&period;com&sol;republicans-expose-liberal-goodies-in-1-9t-covid-relief-package&sol;">COVID-19<&sol;a>&comma; broad legalization could be just the thing America needs to get back on its feet&period;<&sol;p>&NewLine;&NewLine;&NewLine;&NewLine;<p>Passing the<em> STATES Act <&sol;em>would significantly boost profits for marijuana companies&period; It would also reduce costs for consumers&comma; who currently pay a premium for the products they need&period;<&sol;p>&NewLine;&NewLine;&NewLine;&NewLine;<p><strong>Author’s Note&colon; <&sol;strong><strong><&sol;strong><&sol;p>&NewLine;&NewLine;&NewLine;&NewLine;<p>People fear what they do not understand&period; As more research about marijuana becomes available&comma; more Americans are starting to view legalization in terms of profits and medical benefits rather than crime and addiction&period;<&sol;p>&NewLine;

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