If you think the U.S. will soon legalize marijuana at the federal level, you’re not alone. Canopy Growth CEO and former Constellation Brands CFO David Klein expects that it will happen in 2022. I’ve speculated that marijuana could be legalized nationwide as early as next year.
But could presumptive Democratic presidential nominee Joe Biden be putting the brakes on the pot legalization train? Some might think so after reviewing recommendations from a task force that the former vice president formed along with Sen. Bernie Sanders. However, there’s more to the story.
The Biden-Sanders “unity task force” created a 110-page document chock-full of policy recommendations across a wide array of issues. Among the issues that the task force considered was marijuana legalization. Anyone hoping that the team would recommend full legalization of pot in the U.S. probably came away a little disappointed after reading the task force’s document.