Democratic Nominee Kamala Harris Advocates for Marijuana Legalization, Boosts Cannabis Stocks

Sep 30, 2024, 03:56 PM

Vice President Kamala Harris has publicly advocated for the legalization of marijuana for the first time during her current presidential campaign as the Democratic presidential nominee. In an interview on the 'All the Smoke' podcast, Harris emphasized that people should not be incarcerated for smoking weed. She stated, 'We need to legalize it and stop criminalizing this behavior.' Harris also highlighted 'historically what that has meant and who has gone to jail.' This marks a significant stance as both Republican and Democratic presidential candidates have now embraced some form of cannabis reform. Harris' comments have also impacted the market, with cannabis-related stocks showing strength following her statements.