Cannabis Industry Responds To Biden’s Historic State Of The Union Call For Cannabis Reform

President Joe Biden’s historic remarks about cannabis reform in Thursday’s State of the Union speech sparked widespread discussion across the industry, which many cannabis companies shared with Benzinga.

Ayr Wellness (OTCQX: AYRWF) president & CEO David Goubert

“As a member of the nation’s cannabis community, AYR Wellness is encouraged by President Biden’s comments addressing cannabis reform during his State of the Union speech. The U.S. has made substantial progress in overcoming the stigma surrounding cannabis, from Reefer Madness to state-led reform, to the precipice of broad federal reform today. 

We implore the Biden Administration to act on its promises and take the next step in implementing sensible federal cannabis reform.” 

Curaleaf’s (OTCQX: CURLF) CEO Matt Darin

“It’s a significant moment for the country to hear cannabis rescheduling mentioned during President Biden’s State of the Union speech,” said Darin. “This level of public support of cannabis reform at the federal level is long overdue, and demonstrates a strong point of leverage for cannabis politically. We hope that the DEA will follow President Biden’s lead by rescheduling cannabis from Schedule I to Schedule III this year. Rescheduling would contribute to …

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