On November 3, 2020, the world watched eagerly to determine
whether President Trump would become re-elected or whether Former
Vice-President Challenger Joe Biden would supplant the incumbent.
Finally, on November 7th we received the definitive answer.
But many have overlooked another important development. On
election day, New Jersey, Arizona, Montana, and South Dakota
residents voted YES to legalize recreational cannabis, and voters
in Mississippi voted
YES to legalize cannabis for medicinal purposes.
The cannabis market continues to expand, and although cannabis
is still illegal under US federal law, we predict that eventually
that will change. President-elect Joe Biden and Vice
President-elect Kamala Harris support adult-use
decriminalization. However, even if decriminalization
doesn't pan out, the Biden presidency could re-introduce the Cole Memorandum,
which directed the federal Justice Department to not enforce
federal marijuana prohibitions in states that
