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Democrat Silence Following Trump’s Cannabis Post On Truth Social

By Shadd Dales On Sep 6, 2024

Top 3 Takeaways on Democrats’ Response to Trump and Virginia Cannabis Market

Donald Trump posted on Truth Social that legalization of cannabis “will happen” though he did not specifically endorse Amendment 3.
As of airing, Kamala Harris’ campaign has not made an official response or criticism regarding Trump’s statements on cannabis.
The Virginia Cannabis Control Authority has granted conditional approval to Ayr Wellness regarding a vertical medical marijuana operation in the state.

On our Friday episode of the Trade To Black podcast for September 6, 2024, we analyze the latest cannabis news and discussions. Earlier this week, Donald Trump took to Truth Social to convey some of his stances on cannabis. Will Kamala Harris and the Democratic administration respond to his comments, and what will the potential impact be on the marijuana industry leading up to the Federal election? We also delve into recent developments in the state of Virginia, including Ayr Wellness receiving the distribution of cannabis licenses. This, and our latest Mic Drop with Guap segment where Guap gives us his take on Trump and Amendment 3.

In a long post last weekend on the Truth Social platform owned by the former president, Donald Trump suggested this week that legalization of cannabis “will happen,” and it will happen “whether people like it or not.” It was a conservative response that did not specifically endorse Florida’s proposed Amendment 3, however, he did indicate that he supported a ban on use in public spaces and areas.

While support for legalization does not seem to be enthusiastic, this seems to signal that Trump’s radio silence on the topic may finally be at an end. The Harris campaign has not officially responded to his comments to the public. Is there a possibility that the Trump campaign may steal the issue from the hands of the Democrats?

On Thursday, Ayr Wellness (OTC: ARYWF) announced it had secured conditional approval from the Virginia Cannabis Control Authority to establish a vertical operation for medical marijuana in Health Service Area 1. We also recount some of the other updates this week and discuss thoughts on the implications to the market.

AN – Sidebar Square

Shadd Dales

Shadd Dales is the Founder and President of The Dales Report and has an extensive background in the business media industry.

His work translates into over 15 years in mainstream media that included roles with BNN Bloomberg, CTV Properties and the iHeart Radio Network.

Shadd is considered one of the leading on air talents in both the cannabis and psychedelic space and has interviewed some of the most notable CEO names in the industry.

Shadd’s vision is to establish a content platform that is equivalent to a mainstream broadcast produced in a format that is relevant for today’s investor.