DENVER — Marijuana business owners are increasingly pouring their profits into lobbying lawmakers as they face a federal crackdown from the Trump administration.
A USA TODAY survey found hundreds of thousands of dollars flowing from the cannabis industry into campaign finance accounts of both lawmakers and political action committees, with emphasis this year on Congressional Republicans who are trying to stop the Trump administration from targeting marijuana businesses.
Combined, medical and recreational marijuana marketplaces across the country are worth a staggering $8 billion, and last year generated at least $2 billion in taxes, said Matt Karnes of cannabis data firm GreenWave Advisors. It’s no surprise those businesses want to protect what they’ve built, experts say.
“These are legitimate, taxpaying businesses that want and deserve to be heard, and lawmakers at every level of government have become more comfortable with accepting their contributions,” said Mason Tvert, a cannabis activist who helped lead Colorado’s legalization effort in 2012.
Politicians are increasingly willing to accept those contributions from an industry that remains illegal at the federal level and now faces even more scrutiny after Attorney General Jeff Sessions earlier this month rolled back Obama administrationpolicies not to interfere with state laws allowing people to use recreational marijuana. [Read more at USA Today]
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