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Cannabis Insight | Performance, Altria (MO), Amazon - 2022 01 25 17 55 48

Altria DC CANNABIS Policy Job

Cannabis stocks are in a free fall, but Altria sees a big opportunity.  Altria is currently recruiting for a Manager, Policy Analysis & Research for Cannabis.  Big companies with a vested interest in the Cannabis industry are building out their teams in DC.

Click Here for the link to the job posting.

AMZN Backs States Reform Act

Amazon has endorsed a Republican-backed bill in Congress on Tuesday

Rep. Nancy Mace’s (R-SC) States Reform Act would remove cannabis as a federal Schedule I substance and introduce a new 3% federal tax on the substance.  Revenue from the tax would be routed help fund law enforcement and veterans’ health programs — and cannabis would remain illegal nationwide for anyone under 21 except for medical marijuana patients.  In a tweet on Tuesday, Amazon’s public policy arm said it was “pleased to endorse” Mace’s proposal.  “Like so many in this country, we believe it’s time to reform the nation’s cannabis policy and Amazon is committed to helping lead the effort,” the company said.