Cronos CEO Mike Gorenstein Says He’s Optimistic About Trump’s Impact On Cannabis
Cronos group CEO Mike Gorenstein (NASDAQ:CRON) says the cannabis industry should not rely solely on Democratic leadership for reform.
Instead, he says President-elect Donald Trump is personally more open to cannabis reform than Biden, but warned against expecting rapid changes, as cannabis won’t be a top priority for the new administration.
Trump vs. Biden: Cannabis Reform Expectations
In a recent appearance on Cultivated with Jay Rosenthal via X (formerly Twitter), Gorenstein shared his views on the political landscape following the November elections.
Despite poor market response to the results, Gorenstein remains optimistic. He pointed out the successes in red and purple states while acknowledging that traditional blue-state markets like California and Massachusetts are not the best examples of cannabis markets.
In the …