Archive for the ‘Democrats’ Category

Op-Ed: Hiding Biden How Democrats crafted the first impeachment, helping defeat Trump in 2020 with media help – The Center Square

By the numbers, Joe Biden is president of the United States because he won the swing states of Arizona, Georgia and Wisconsin by a combined total of some 43,000 votes.

But he also owes his victory to the groundwork laid by Democrats and their media allies one year before, during the first impeachment of Donald Trump. That first impeachment failed to oust Trump from office, but it helped secure the White House for Biden it shielded him from scrutiny, enabling him and his supporters to cast allegations during the campaign about dubious Biden family business ties as rehashed Trumpian conspiracy theories.

Democratic leaders had bet that Special Counsel Robert Muellers investigation into alleged Trump-Russia collusion would produce a clearly impeachable offense.

They were wrong. After three years of thorough investigation, Muellers final report, issued in March 2019, concluded that the probe [did] not establish that members of the Trump Campaign conspired or coordinated with the Russian government in its election interference activities.

Then in August 2019, a CIA employee filed a formal whistleblower complaint against President Trump aimed at forcing Congress to address the matter. He alleged that Trump had pressured Ukrainian President Volodymyr Zelensky during a July phone call to investigate the Bidens for political purposes, and subsequently made aid to Ukraine contingent on the probe.

Trump reportedly raised the issue because he believed there had never been any serious inquiry into why Bidens son Hunter, a lawyer with no experience in the energy sector, had been paid upwards of $80,000 a month to serve on the board of a Ukrainian gas company, Burisma. Hunter received the appointment in 2014, shortly after his father was asked to oversee Ukrainian affairs as Barack Obamas vice president. In 2016, Biden threatened to withhold $1 billion in aid to Ukraine unless it fired a prosecutor widely considered to be ineffective. The fired prosecutor, Viktor Shokin, testified that he was driven from office because he was investigating Burisma.

However, the allegations regarding the Trump phone call with Zelensky were problematic from the start. The man who brought the complaint was not really a whistleblower as the term is commonly understood. He had no direct knowledge of the phone call but had been leaked details of it by one of the seven American officials who were on the call with the president.

Despite the procedural problems with the whistleblower complaint, it provided a semblance of formal process to buttress an all-new impeachment attempt. Progressives and much of the media cast the call as an abuse of power by Trump who, they claimed, tried to extort a foreign leader to kneecap a political rival.

From the beginning, the impeachment inquiry was rife with episodes suggesting Democrats had a larger strategy. They took an unprecedented amount of control over the process. While the Judiciary Committee, led by Rep. Jerrold Nadler of New York, was the traditional venue for impeachment, Democrats decided that Adam Schiff, the Democratic chairman of the House Intelligence Committee, would guide the impeachment inquiry through the Intelligence Committee.

Democrats shut down Republican attempts to probe the Democratic Partys own connections to Ukraine during impeachment. Schiffs secrecy and tight control over who got to testify allowed House Democrats to sidestep questions about the chairmans role in instigating impeachment, the DNCs involvement with Ukraine, and Bidens potential role in his sons corruption.

Ultimately, the Senate refused to convict Trump and many Republicans believed that it did little to harm him politically.

But if impeachment failed to tarnish Trump as much as Democrats hoped, it appeared successful in delegitimizing valid questions about alleged Biden corruption. After impeachment, the mainstream media showed almost no interest in investigating Biden family business ties, which were largely characterized as a series of unsubstantiated and debunked allegations.

Bidens razor-thin swing state victories might not have materialized if the Trump campaign had been able to gain traction from a series of articles it helped orchestrate in the New York Post that reported information from a laptop owned by Hunter Biden suggesting corrupt foreign business deals that may have involved his father.

As many as 45% of Biden voters said they were unaware of Hunters financial scandals before the election. Thats likely because Democrats and much of the media discredited or did not report the accusations in the campaigns final weeks accusations bolstered after the election when Hunter admitted that he has been the subject of a federal corruption probe since 2018.

Christiane Amanpour of PBS expressed the prevailing view in an interview with Republican National Committee spokesperson Liz Harrington. When Harrington urged journalists to look into the Biden corruption story, Amanpour responded: Were not going to do your work for you.

As the Senate prepares next week to take up a second impeachment of Trump, Republican objections to the Democrats handling of the first go-round loom large. The record of those proceedings shows that they were conducted in a highly unusual manner. In retrospect, it seems clear that they were designed not just to target Trump but to protect Biden.

This article was adapted from a RealClearInvestigations article published Feb. 4.

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Op-Ed: Hiding Biden How Democrats crafted the first impeachment, helping defeat Trump in 2020 with media help - The Center Square

Democrats Actually Learned From the Failures of 2009 Ryan Grim – The Intercept

On Wednesday, Sen. Joe Manchin appeared on MSNBCs Morning Joeto talk about the state of negotiations over President Joe Bidens Covid-19 relief package. The network posted the video with a misleading headline: Sen. Manchin calls for bipartisanship on Covid relief plan.

The headline isnt technically inaccurate. Manchin did profess a desire for Republicans to have an opportunity to shape the coming legislation, saying that he would oppose efforts to abolish the filibuster. Ive been in the minority when theyre jammed. Its not the way this place is supposed to work, he said.

But the real messageManchin delivered was a different one. He had recently spoken to Biden about the path forward, he said, and Biden was quite clear. He basically said, I dont want to go down the path we went down in two-oh-nine when we negotiated for eight months and still didnt have a product and had to do what were doing now. I said, Fine, Mr. President, Im happy to start this process.

The process he was referring to is budget reconciliation, the parliamentary avenue through which specific kinds of legislation can travel with a simple majority vote, avoiding the filibuster. And the reasoning behind it that we cant make the same mistakeas in 2009 marks a startling departure from the Democratic Partys long-running inability to learn from failure. Such a take on that years Democratic legislative strategy would have found broad support among the most progressive elements of the party in years past, but to see it endorsed by Manchin and Biden effectively makes the assessment unanimous from left to right arguably the most united the party has been since it was founded.

The 2009-10 term was so traumatizing to Democrats who lived through it that many, including Biden in his conversation with Manchin, have collapsed the staggering varieties of Republican obstruction of a broad range Democratic priorities from the stimulus to Obamacare to judicial nominations to Wall Street reform into one dark memory of an experience never to be repeated.

The 2016 presidential campaign of Sen. Bernie Sanders ushered in a new generation to Democratic politics, many of whom experienced the consequences of the 2008 financial crisis and the failure to respond to it adequately but werent following the day-to-day congressional drama that produced it.

Those new to politics may be lucky enough to not even know the name Max Baucus. For those who lived through that year(-plus) on Capitol Hill, his apparition is enough to spike blood pressure to dangerous levels.

Democrats entered the 2009 congressional term with 58 members of their Senate caucus, tantalizingly and, it would turn out, debilitatingly close to the 60 needed to end a GOP filibuster. On April 28, 2009, Pennsylvania Sen. Arlen Specter switched to the Democratic Party. That meant 59.

Al Franken had defeated incumbent Republican Norm Coleman in Minnesota but was not sworn in right away; Republicans cleverly litigated the election, dragging the recount out for months, knowing that each day Franken was kept from the upper chamber was worth the price of the legal costs. On July 7, 2009, Franken finally became a senator, giving the party 60.

But Sen. Ted Kennedy died six weeks later. On Feb. 4, 2010, Scott Brown was sworn in as a Republican from Massachusetts, ending the partys super majority.

To seebudget reconciliationendorsed by Manchin and Biden effectively makes the assessment unanimous from left to right.

The first order of business in 2009, as it is in 2021, was a stimulus package to get the economy, losing jobs by the millions, back on its feet. Obama, in his new memoir, A Promised Land, describes the pivotal meeting during the transition in which the wings were clipped off of it. Incoming White House economic adviser Christina Romer suggested a stimulus in the trillion-dollar range.

Theres no fucking way, Obama recalls his chief of staff Rahm Emanuel saying, suggesting something in the $700 billion range instead.

From then on, insider politics drove the number that Democrats would push for. In early February, Sen. Ben Nelson, D-Neb., said that he expected the final package to be below $800 billion, claiming that as an economic matter it ought not to be too robust. For me its not symbolism, its an economic matter. At some point its just too big, he said. I asked him if he felt that $800 billion was the point at which economists believed it was too large. Its whatever gets 60 votes, 61 votes, he said, smiling, acknowledging that economics had nothing to do with it.

Emanuels prognostication had become self-fulfilling and Nelson, along with the few Republicans willing to negotiate, knew they held the cards. Budget reconciliation was available to Democrats, but they had chosen not to use it.

In talks with Sens. Specter, Olympia Snowe, and Susan Collins, the proposal was whittled down, with Collins arbitrarily insisting no funds for school construction or upgrades be included. So that was cut. The resulting $787 billion package was woefully small, leaving unemployment hovering at 10 percent by November 2010.

Obama had known two years earlier that if the economy was still struggling, his party would pay the price yet his team had come up short. Leaving that transition meeting, David Axelrod, a close adviser, told him, Its going to be one hell of a midterm, shaking his head.

Obama writes in his memoir: This time I said nothing, admiring his occasional, almost endearing ability to state the obvious.

In the end, Specter, still a Republican, joined Snowe and Collins in voting for the rescue package on the Senate floor in February.It came at the cost of paring it down severely and extending the pain of the recession.Though the economy eventually began growing slowly, millions were left out of work, and voters threw Democrats out of the House in 2010 and the Senate in 2014. The recovery plodded along. Ten years it took, because it wasnt deep enough and strong enough, Majority Leader Chuck Schumertold Rachel Maddowin a recent interview. Ten years. Were not going to make that mistake with Covid.

In the same interview, Schumer blasted his partys approach to the Affordable Care Act. Look at 200[9], where we spent a year and a half trying to get something good done, ACA, Obamacare, and we didnt do all the other things that had to be done. We will not repeat that mistake, he said. We will not repeat that mistake.

Republicans in the Senate have countered by suggesting Democrats lop off more than two-thirds of their proposal, bringing it down to $600 billion. Thats an offer the 2009 Democratic Party would have taken seriously. This time around, Montana Sen. Jon Tester, one of the handful of red-state Democrats remaining, told CNN he was fine with the price tag.I dont think $1.9 trillion, even though it is a boatload of money, is too much money. I think now is not the time to starve the economy, he said.

If its $1.9 trillion, so be it, Manchin told a nonplussedMika Brzezinski.

Max Baucus, a Democrat from Montana, was chair of the Senate Finance Committee in 2009, which, given its role in revenue policy, took the lead in drafting the Affordable Care Act. Baucuss longtime lieutenant, Jim Messina, meanwhile, had gone to the White House as Emanuels deputy chief of staff. As Messina sat down to cut deals with the major stakeholders in the health care industry Big Pharma, hospitals, medical device makers, and insurance companiesBaucus zeroed in on what he considered to be the three most likely Republicans to back what would eventually be known as Obamacare: Sens. Chuck Grassley of Iowa, Mike Enzi of Wyoming, and Olympia Snowe of Maine. In the spring, together with Democrats Jeff Bingaman of New Mexico and Kent Conrad of North Dakota, they formed the so-called Gang of Six a half-dozen finance committee members who met regularly to negotiate the bill, collectively representing a population of less than 10 million. Along with much of the rest of the congressional press corps, I spent countless hours standing outside the meeting room they commandeered in the Hart Senate Office Building, collecting tidbits on their crawling backroom talks.

Lets pause to consider whats become of these lead Obamacare architects since. Messina became a political and corporate consultant, working for the Tories in theU.K. as part of the team that advised former Prime Minister David Cameron to put Brexit up for a vote, because it would surely lose (what could go wrong?). From there, he helped run the Yes campaign for the Italian Prime Minister Matteo Renzi on a referendum on a major parliamentary reorganization. Renzi lost in a landslide and, like Cameron, he resigned. Messina was then hired by new U.K. Prime Minister Theresa Mays reelection campaign, another disaster. Jim Messina is perhaps the worlds most successful political and corporate advisor, reads Messinas bioat The Messina Group, declining to mention his role in blowing up the United Kingdom.

Baucus, meanwhile, did not run for reelection in 2014 and was named ambassador to China by Obama. In one of the most startling jaunts through the revolving door in world history, he followed that by joining the board of the Chinese behemoth Alibaba.

But back to the Hart hallway. With each passing day, Baucus, Snowe, and others would emerge to talk about the genuine progress they were making and their hope for a light at the end of the tunnel. Senate Majority Leader Harry Reid of Nevada and White House advisers had warned Obama they werent serious and were just stalling for time. But we decided it was best to let Baucuss process play itself out, Obama writes in his memoir. During an Oval Office meeting, though, I made a point of warning him not to let Grassley string him along.

Trust me, Mr. President, Obama recalls Baucus saying. Chuck [Grassley] and I have already discussed it. Were going to have this thing done by July.

By July, the House had indeed passed health care reform through each of its relevant committees. But the Hart meetings dragged on. Now matter how hard we pressed, though, we couldnt get Baucus to complete his work, Obama writes.

So what was the holdup? Senate Minority Leader Mitch McConnell had been instructing his soldiers to drag out the talks as long as possible in hopes of killing the whole thing and bringing Obama down with it. If were able to stop Obama on this, it will be his Waterloo. It will break him, said South Carolina Sen. Jim DeMint in July, who went on to lead the Heritage Foundation, a conservative think tank.

Obama called Baucus to the White House in late July. Times up, Max, Obama says he told him. Youve given it your best shot. Grassleys gone. He just hasnt broken the news to you yet.

I respectfully disagree, Mr. President, Baucus said. I know Chuck. I think were this close to getting him, he added, holding his finger and thumb an inch apart, asking to give him through the summer recess to keep working.

Mitch McConnell had been instructing his soldiers to drag outObamacare talks as long as possible in hopes of killing the whole thing.

A part of me wanted to get up, grab Baucus by the shoulders, and shake him till he came to his senses, Obama writes. I decided that this wouldnt work. Obama gave him until mid-September.

So lawmakers went home. At an Iowa town hall, Grassley, still an active member of the Gang of Six, trashed it, giving credence to the burgeoning conspiracy theory that government-run death panels were part of the bill. You have every right to fear, he said at the town hall, adding that we should not have a government run plan to decide when to pull the plug on grandma.

Obama called both Baucus and Grassley into the Oval Office. Grassley, Obama recalled, listed five objections to the bill. Let me ask you a question, Chuck, Obama said. If Max took every one of your latest suggestions, could you support the bill?

Well, said Grassley.

Are there any changes any at all that would get us your vote?

Obama describes an awkward silence before Grassley looked up and met my gaze.

I guess not, Mr. President, Grassley said.

In September, now several weeks past Obamas deadline, Enzi, another charter member of the Gang, told an angry Wyoming town hall he was only in the talks in order to stall it. If I hadnt been involved in this process as long as I have and to the depth as I have, you would already have national health care, he said.

Finally, in mid-October, after three weeks of public hearings and amendments, the whittled-down bill came up for a vote in the Senate Finance Committee. Snowe voted for it, giving Obama and Baucus the bipartisan victory they had been searching for. When it finally came to the floor, on December 24, she voted no, along with every other Senate Republican. McConnell had gotten her back in line.

Then came Scott Browns win on January 19, 2010, and Democrats ended up finishing the legislation using the reconciliation process. Obama signed it into law on March 23, 2010. So that the bill would appear to cost less federal money in its 10-year Congressional Budget Office analysis, however, most of the benefits were delayed. So, on the one hand, voters were warned the bill would kill grandma and that it would mean long wait times and rationed care, and they were frustrated by more than a year of dysfunction. And on the other hand, they had nothing to balance the ledger, feeling none of the upside for several years. Republicans immediately went to the Supreme Court in an effort to have it declared unconstitutional.

For some reason, Democrats would rather try a different route this time around. OnMorning Joe, Manchin suggested a lawmaking process so reasonable that, for Senate Democrats, its downright radical. If they wanna be reasonable and they wanna participate, then we work with them, said Manchin of his GOP colleagues. Lets see if they have an amendment, a reasonable amendment. If they have something zeroed fully stripped from the package it gets no votes. Then the Democrats vote, and we move on.

A legislative body debating an issue, voting, and allowing that vote to determine the outcome: Its so crazy, it just might work.

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Democrats Actually Learned From the Failures of 2009 Ryan Grim - The Intercept

His polls are sinking. Democrats are mobilizing. The Newsom recall just got real. – POLITICO

Nearly 18 years ago, California's only gubernatorial recall drew 135 candidates, including several B-list celebrities and one A-lister: Arnold Schwarzenegger, who swept into office on a Republican promise to clean up state government. With just two statewide elections in the U.S. this year governors races in Virginia and New Jersey another California recall would likely become the biggest political event of 2021.

Getting the recall onto the ballot is the first lift; voters would then have to decide in a special election whether to recall Newsom and simultaneously which candidate they would prefer instead.

The recall could still fail to qualify. The deadline to certify is March 17, and the campaign is still operating on a shoestring budget by statewide campaign standards, relying on volunteers and some paid mail to collect the 1.5 million valid signatures they need. Proponents claim they have 1.3 million total signatures, still a ways off the nearly 2 million they will likely need to compensate for invalid signatories.

Still, the campaign had a surprisingly high rate of valid signatures in the last statewide report through early January, hovering around 85 percent. California county registrars have verified about 600,000 signatures so far.

This public report does show a very high validity rate but their ultimate success relies on a few things: what happens to their response rate and what happens to their validity rates as they need to broaden their audiences out past just the hardest-core anti-Newsom audiences? said Ned Wigglesworth, a consultant who is not affiliated with the campaign. This huge flag is, as they work their way through the voter file, have they gotten this low-hanging fruit?

Some supporters are not waiting around to see. The National Union of Healthcare Workers has launched an effort to dissuade people from signing onto the recall, including testimonials from hospital workers about how a Newsom recall would undercut them, after it became clear it might qualify and people wanted to do something about it, union president Sal Rosselli said.

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His polls are sinking. Democrats are mobilizing. The Newsom recall just got real. - POLITICO

What its like to be a Democrat in the South Dakota state legislature – KELOLAND.com

PIERRE, S.D. (KELO) South Dakotas state legislature only has 11 Democrats while the other 94 legislators are Republicans. Democratic Sen. Red Dawn Foster of Pine Ridge says being among such a minority isnt easy.

Theres a couple committees that we do not have representation on, so there are interns just as note keepers in there, so that they keep abreast of whats going on in those committees, and so it definitely has been a challenge, Foster said.

Shes one of only three Democrats in the Senate where there are 32 Republicans. Over in the House, there are 62 Republicans and just eight Democrats.

Its always an uphill battle, theres nothing we can do without bipartisan support and making a friend, so in that way it makes us make sure that anything that we bring is vetted that we want to get passed, Democratic Rep. Jamie Smith of Sioux Falls said.

Its two-fold, Democratic Rep. Oren Lesmeister of Parade said. One, it gets frustrating sometimes. We try to pass some legislation, and theres times that its dead on arrival as they would say.

But there can be camaraderie in any small group.

The other side of the coin is, though, being such a small caucus as we call it, with eight in the House and three in the Senate, 11 total, were like family, Lesmeister said. So we know everybodys bills, we know whats going on, we understand issues that are coming up, whether its in the Senate or House.

You automatically get drawn in to one anothers lives, and we do. Theres a great amount of care between all of us, and you got to have somebody that has your back in Pierre, and we know we have each others backs, Smith said.

I know everyone in our caucus, and Ive gotten a lot of support as a new legislator because I am the only new Democrat as well, so Ive seen some advantages there to having a small group that maybe I could get lost in the shuffle in a bigger group, Democratic Rep. Jennifer Keintz of Eden said.

Foster says there is more than one issue with having that 94 to 11 split.

I think that its not only difficult to accomplish the legislative goals, but it doesnt make for good dialogue, because diversity of thought, diversity, inclusion and being able to really flesh out legislation and ideas, especially the communities that we represent are underrepresented in the legislation, Foster said.

While the legislature is about 90% Republican, as of February 1, only about 48% of active registered voters in the state were Republican.

I still dont think its totally Republican-dominated, Lesmeister said.

When you look at the number of registered Democrats, independents and things like that across our state and how conservative our legislature has swung, it doesnt represent the state in the way that I think we should, and you see that when we pass things like the marijuana bill that passes, Smith said. Thats a fairly liberal idea, right, not just to do medical but also do recreational in the same sweep.

I think the Democrats have gotten behind what the public wants to do, and weve championed their cause, said Democratic Rep. Shawn Bordeaux of Mission.

And as Keintz points out, a stance on an issue doesnt have to be partisan.

Its not always just a strictly Democrat/Republican viewpoint on a lot of issues, so I dont always see it just on strict party lines with everything, Keintz said. You know there are some things that dont have to do with only party, but I do think that some of the ideas are getting lost or not really being elevated because we do have a small number.

11 is a comparably small number, but its neither lonely nor insignificant.

There may be only eight of us in the House, but, three in the Senate, but they still count, Lesmeister said.

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What its like to be a Democrat in the South Dakota state legislature - KELOLAND.com

Theres no stopping the industry now: Democratic control is a big win for marijuana – POLITICO

The companys payday foreshadows how the entire cannabis industry is poised for growth and consolidation as Democrats take full control of the federal government. Companies are positioning themselves for the greater likelihood that federal cannabis restrictions will be loosened significantly.

Sales are already booming. Cannabis sales hit $20 billion last year a 50 percent jump over 2019. Legalization continues to spread across the country, with more than one-third of Americans now living in states where marijuana is fully legal.

There's no stopping the industry now, said Andrew Kline, who recently joined the law firm Perkins Coie after serving as public policy director for the National Cannabis Industry Association. The bigger players are going to be interested in acquiring smaller companies and becoming multi-state operators or expanding their footprint in different states.

A flurry of deals and capital raises have been made in recent weeks, in addition to Curaleaf cashing in.

Cannabis behemoth Cresco Labs recently bought Bluma Wellness for $213 million, giving it a beachhead in the booming Florida market. There are now more than 450,000 medical marijuana patients in Florida a more than 50 percent increase in the last year and 310 dispensaries across the state, nearly 100 more than at the start of 2020.

I think you're gonna see a lot of [mergers and acquisitions] coming, said Bluma Wellness CEO Brady Cobb, who will join Cresco immediately and focus on building its Florida business. It's going to be driven by the fact that institutional capital sees light at the end of the tunnel for these companies.

Cresco also recently announced it will raise $125 million from investors, citing plans to accelerate its growth. The company was already soaring ahead of the political shifts: It had third-quarter revenues of $153 million more than four times as much as during the comparable period in 2019.

Canadian companies also are eyeing the U.S. market. Cannabis giant Canopy Growth Corp. recently announced a deal contingent on U.S. legalization to acquire a big stake in TerrAscend, which has operations in California, Pennsylvania and New Jersey.

The deal is similar to Canopys arrangement to buy Acreage Holdings, which has 71 dispensaries and operations in 15 states, if marijuana restrictions in the U.S. are lifted.

Stock prices for some of the biggest cannabis companies have skyrocketed in recent weeks. Acreages stock price has nearly doubled since Democrats won control of the Senate, while the price of Crescos shares have jumped by more than 30 percent.

People are scrambling right now, and they're taking a calculated risk that federal change is going to happen in the near term, Kline said.

Despite the ebullient feelings among industry advocates and investors, the likelihood that Congress will make big changes to federal marijuana restrictions remains slim. Thats in large part because Democrats will have a razor-thin majority and need 60 votes to pass most legislation.

Thats why, despite the Houses passage of the MORE Act in the last Congress which would federally decriminalize cannabis and expunge records many in the weed industry have their sights set on banking legislation in the new Congress. The SAFE Banking Act which would make it easier for banks to offer financial services to the cannabis industry passed the House with broad bipartisan support in 2019, but went nowhere in the GOP-controlled Senate.

With Democrats now in charge of both chambers, industry insiders and policy experts believe banking has a good shot at becoming law and a much better shot than comprehensive legalization legislation. Even the incoming ranking member on the Senate Banking, Housing and Urban Affairs Committee, GOP Sen. Pat Toomey of Pennsylvania, said hes open to discussing the issue.

We're not going to get full scale legalization from this Senate, said John Hudak, a cannabis policy expert at The Brookings Institution.

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Hudak, however, isnt surprised by the jump in cannabis stocks following the Georgia runoff.

There's a real problem within the business community about an avoidance of working with people who truly understand how federal legislative politics works, Hudak said. And there is also a serious problem of lobbyists and others committing political malpractice in selling these businesses a really bad basket of goods.

Despite the post-election stock market jump and Curaleafs own fundraising success, Jordan said he agrees with Hudaks overall assessment. He doesnt believe marijuana legalization is likely to pass this Congress, and his business decisions are still motivated more by state policy changes.

We're making very large bets, Jordan said. Not based on federal legal changes, but based on what we're seeing the population do at the ballot box.

The legalization boom continues to spread across the country. Voters in Arizona, New Jersey, Montana and South Dakota approved ballot measures to legalize, tax and regulate recreational marijuana in November. Altogether, that means 18 million more Americans now live in states where the drug is fully legal.

State legislatures across the country are eyeing legalization too, at least in part because of big budget deficits caused by the pandemic. New York, Virginia, Connecticut and New Mexico are among the states where there will be strong pushes to pass recreational legalization bills in the coming weeks.

Even relatively mature markets saw huge growth in 2020, fueled by anxious Americans stuck in their homes smoking more weed. Sales in Colorado topped $2 billion for the first time, while Oregon saw a 40 percent spike in revenues.

Companies are doubling [and] tripling in size so that they can keep up with demand, Trulieve CEO Kim Rivers said. Trulieve is the biggest player in Floridas medical marijuana market, with a growing footprint around the country. At the end of the day, there's still incredible opportunity, even if that doesn't immediately translate into full federal legalization.

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Theres no stopping the industry now: Democratic control is a big win for marijuana - POLITICO