U.S. Pot Legislation Suddenly Seems More Likely: Cannabis Weekly
- Joe Biden’s rising election odds bolsters chances of reform
- Marijuana regulation could be passed as soon as 2021
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The U.S. could legalize marijuana at the federal level as soon as 2021 if Joe Biden is able to win the presidential election and Democrats take control of the Senate.
It’s a dramatic change in expectations from three months ago when it appeared Donald Trump would most likely win re-election, and CIBC analysts had put the odds of meaningful reform at “near-zero” for 2020 and “unlikely” for 2021.