With extensive experience in the cannabis industry, Beuerlein has facilitated over half a billion dollars in transactions and helped open 1,000 cannabis bank accounts. He believes that the catalysts to break the cannabis industry out of legislative purgatory will likely have little to do with the industry itself. According to Beuerlein, Trump seeks "wins" in all aspects.

Beuerlein believes that Schedule 3 or decriminalization will occur purely due to perceived job growth. The labor statistics do not report cannabis jobs because it is still classified as Schedule 1. A half a million jobs hitting the labor statistics overnight would be a significant win for the Trump administration.

As well, he also believes that SAFE Banking has the best chance it has ever had to pass, not because of cannabis-related issues, but because it will include language preventing anything like Operation Chokepoint from happening again, which would be another win for the Trump administration.

Additionally Trump has been vocal about a flat corporate tax, which, although unrelated to cannabis, could benefit the industry.

Plus, the latest news from Kentucky, where Governor Andy Beshear has awarded the state’s first medical marijuana patient cards and is calling on the Commonwealth’s congressional delegation to advance legislation protecting patients' constitutional right to own firearms.

#legislation #Trump #Cannabis #SAFEBanking #trumpadministration #cannabis #cannabisreform

Want to see more Cannabis Reform videos?

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