Right now, there is a boom in sales of hemp-derived products during the coronavirus pandemic and other cannabis products. Many cannabis business owners believe election may prove a watershed moment for the industry. They are investing more into their local cannabis business because they believe if presidential candidate Joe Biden and his pro-decriminalization running-mate, Senator Kamala Harris win it will benefit their business. However, industry analysts also predict even if President Donald Trump wins a second term, changing views on marijuana laws among voters and lawmakers have brightened the outlook for the industry.

Shariq Khan, Business & Financial News, U.S & International Breaking News | Reuters, 10/15/2020 12:46:12

Open article: https://www.reuters.com/article/us-usa-stocks-cannabis-focus/cannabis-companies-betting-on-a-biden-win-ready-ipos-idUSKBN2702IO