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The US presidential election is on the horizon. While Vice President Harris and former President Donald Trump differ on many issues, they share common ground on cannabis reform. Poseidon co-founder Emily Paxhia joins Market Domination Overtime to analyze this development.
"I think it's finally showing how the electorate's will to see cannabis as a legal resource in the United States is finally reaching the lawmakers and at the highest level of the executive branch in this instance," she explains.
Despite this political alignment, cannabis stocks have shown little movement. Paxhia attributes this to "a structural issue around being able to trade in the US" due to custody limitations. She suggests banking reform could resolve this barrier, potentially increasing investor access to cannabis stocks.
For more insights on bipartisan support for cannabis reform and regulation, watch the full interview above.
To watch more expert insights and analysis on the latest market action, check out more Market Domination Overtime here.
This post was written by Angel Smith