Gretchen Gailey, Author at Green Market Report

Gretchen GaileyGretchen GaileyJanuary 15, 2020
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3min1670

Editor’s Note: This is an opinion guest post. 

In my last post, I promised a whole other can of worms on how impeachment will impact cannabis and I am a woman of my word. As I stated before, once the trial begins in the Senate, all Senators must be in their seats for the duration of the trial to hear the entirety of the case. This means that several the pro-cannabis Democratic candidates are going to be sitting on the sidelines for the earliest races in the primary calendar which often decides who is going to be the presidential nominee.

Four of the remaining candidates and a few frontrunners, Senators Bernie Sanders, Elizabeth Warren, Michael Bennet, and Amy Klobuchar, will not be able to campaign and participate in the Iowa Caucus or the New Hampshire and South Carolina primaries because they will be sitting in their seats listening to arguments on abuse of power and obstruction of Congress. 

While all those races could be cause for concern, we truly need to just look at Iowa to determine the possible fate of cannabis.  Iowa has been a strong indicator of who will be the Democratic nominee and it will be impacted by the upcoming hearing. The latest Real Clear Politics poll has the race neck and neck between former Vice President Joe Biden, Senator Bernie Sanders, Mayor Pete Buttigieg, and Senator Elizabeth Warren. 

If Senators Warren and Sanders are unable to campaign in Iowa then that leaves the door open for Biden and Buttigieg to pick up the momentum they need for the win. Buttigieg had not said much on the cannabis issue, which I’m sure is tactical given his hopes of winning over more conservative voters in the Midwest. Time will tell with his campaign.

Meanwhile, Biden is by far the worst possible nominee for the cannabis movement. He has been a staunch opponent to legalization for years and helped to create the Office of National Drug Control Policy and drafted the legislation, The Violent Crime Control, and Law Enforcement Act of 1994 which has led to massive numbers of incarcerations, not to mention that the term “gateway drug” is still in his vocabulary.

According to polling site FiveThirtyEight, Biden will take Iowa and if that’s the case, then that’s the federal ballgame for cannabis – if Biden beats Trump.  If Trump comes back around for another term, that’s a whole case of worms for cannabis.

 


Gretchen GaileyGretchen GaileyJanuary 7, 2020
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3min7221

With the start of a new legislative session kicking off this week, cannabis enthusiasts are hopeful for a year of progress on cannabis bills like the SAFE Act to jumpstart the industry out of its current lull and bring more legitimacy to its legalization movement. Well, keep waiting.

Despite Congress’ holiday break, President Donald J. Trump has been impeached by the House of Representatives and the Senate is going to have to act at some point, leaving cannabis and every other possible issue on the back burner. I take that back, cannabis won’t be on the back burner, it won’t even be in the kitchen.

When Speaker of the House Nancy Pelosi’s stops stonewalling Senate Majority Leader Mitch McConnell and turns over the Articles of Impeachment, which many expect will happen this week, Senate rules state that the trial must commence the next day by 1 pm and all Senators must be in their seats for the entirety of the trial. Meaning – all other legislative business in the Senate comes to a standstill and cannabis is an afterthought.

If the Senate trial is anything like President Clinton’s trial which went for six weeks, all of January will be sucked up and run us deep into February, (which opens a whole other can of worms for cannabis that I’ll come back to in a later post, stay tuned.) Congress will want to get back to its actual legislative priorities, the U.S.-Mexico-Canada Agreement, surveillance reform, funding the government and not to mention, now a potential war with Iran. Cannabis is nowhere on this list, especially in the Senate where it needs to find support.

While it may seem that Trump and McConnell want to bring the Senate trial to a quick close and end this “witch hunt,” it’s in the President’s and the Republicans’ best interest to drag it out and use it for every ounce of PR fuel that it’s going to provide for the upcoming election. In the meantime, cannabis bills will be set aside, and their fate sealed like 96% of all other legislation introduced during a Congress – a slow, quiet, unnoticed death.

All legislative actions can be followed at no cost under the Legislation tab on the home page of the Green Market Report.



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The Green Market Report focuses on the financial news of the rapidly growing cannabis industry. Our target approach filters out the daily noise and does a deep dive into the financial, business and economic side of the cannabis industry. Our team is cultivating the industry’s critical news into one source and providing open source insights and data analysis


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