Former President Donald Trump endorsed cannabis banking and the sector writ large this week. The move comes just before Florida voters weigh a ballot initiative that would legalize marijuana in one of America’s largest states.
Trump has flirted with this embrace for weeks, but this is the clearest the former president has been on the subject. It’s a major milestone for the cannabis sector, where advocates have long hoped the potential of Florida legalization could jumpstart GOP interest in the industry.
