Sci-tech

Boehner for Bud: Former Speaker of the House Joins Cannabis Company Board

Boehner for Bud: Former Speaker of the House Joins Cannabis Company Board

NY gubernatorial candidate Cynthia Nixon (D) is asking supporters to commit to donations of $4.20 after she came out in favor of marijuana legalization in the state. "We both believe the time has come for serious consideration of a shift in federal marijuana policy", the statement said, according to the Boston Herald.

The candidate and former "Sex and the City" star was first reported stating her support for legalizing the drug at a private fundraiser last week and released a video Wednesday reiterating her stance. She emphasized that 80 percent of New Yorkers arrested for cannabis use are black or Latino, "despite the fact that whites and people of color use marijuana at roughly the same rates". She says the consequences of their encounters with the court system hinder chances for good jobs and housing, and can lead to deportation for undocumented immigrants.

Currently, nine states plus Washington, D.C. have legalized recreational use of the drug, while many others allow some sort of medical use.

"The simple truth is, for white people, the use of marijuana has effectively been legal for a long time", she says.

We believe that cannabis producers "represent the next wave of outsized returns for investors" once the halo of legalization in Canada fades.

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New York-based Acreage, which has cannabis operations in 11 states, said Boehner and Weld will serve on its board of directors when that is formed. "We announced months ago that we were going to study the legalization issue".

The move is a stark reversal for the former speaker, who in 2011 wrote a constituent that he was "unalterably opposed to the legalization of marijuana or any other FDA Schedule I drug", adding that "I remain concerned that legalization will result in increased abuse of all varieties of drugs, including alcohol".

"I'm trying to de politicize the issue, " Cuomo said.

The agencies say the locations comply with local zoning rules, minimize proximity to schools and factor in where illegal dispensaries are now operating.

Nixon is slated to challenge Cuomo in the Democratic primary on September 13.


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