Regardless of his reasoning for getting behind weed, Koch’s willingness to use his finances and massive network of political and business leaders is inevitably a sign that the cannabis cause is about to make significant strides. If there is one thing the marijuana legalization movement has been missing all along, it is money. Sure, the forefathers of the industry managed to beg, borrow, and scrape together loads of cash to make the business of growing and selling cannabis look a part of American commerce. But even while managing to become a multi-billion-dollar business sector over the past decade, it’s fallen short of having the kind of cash it takes to influence lawmakers — the green to get stuff done. It could be argued that the cannabis industry’s failure to pay off the suits on Capitol Hill is mainly the reason why Congress has yet to legalize the leaf at the national level. However, all of that seems to be changing. The cannabis industry is now being endowed by influence, power, and, perhaps most importantly, the money to get anti-pot politicians from both sides of the aisle to pay attention. Most recently, billionaire Charles Koch came out in support of federal marijuana legalization.
420 Intel – Marijuana Industry News, 08/03/2021 20:00:00