POLITICS AND GOVERNMENT

Donald Trump vs Joe Biden on Colorado issues: Where the presidential candidates stand

A breakdown of where the candidates stand on health care, marijuana, education, public lands issues and other major policies



  Marijuana


 

Background: 

Colorado’s first-in-the-nation experiment in legal marijuana began in 2014, and now medical marijuana legalization has spread to 33 states and recreational pot sales exist in 11. The earlier fears of a federal crackdown on Colorado’s legal marijuana market subsided somewhat after the departure of former Attorney General Jeff Sessions. Nonetheless, as long as the drug is illegal under federal law, legal risks remain for the industry’s present and future in Colorado. Federal legalization could reduce those barriers, but could also threaten Colorado’s industry dominance if it accelerates the competition in other states.

Q:

CANNABIS BANKING

Would you support and sign the SAFE Banking Act (H.R. 1595) to make it easier for marijuana businesses to bank and obtain loans in states where it is legal?

Background: 

More than six years after Colorado legalized recreational marijuana, a major issue remains unresolved: banking. The U.S. House passed the SAFE Banking Act in 2019 to allow marijuana businesses access to financial services like loans, lines of credit and even bank accounts. It would also shelter banks and other institutions from prosecution for handling money tied to marijuana. Marijuana advocacy groups say that absent this sort of law, the billion-dollar state business has effectively been forced to operate in cash, making it more susceptible to theft and other risks.

 

Unknown

A: Biden did not respond to this question.

 

 

 

Trump hasn’t commented in the specific bill

A: It’s unclear if the president would sign the act into law if given the opportunity. Vice President Mike Pence’s chief of staff Marc Short opposed including the measure in a coronavirus relief package. Cory Gardner, a cosponsor of the legislation, said the president is generally receptive to marijuana reforms.

 

 

The Issues


Pick a card to see stances from the candidates.


 

The Candidates


Click a candidate to see where they stand.


 

Joe Biden

Joe Biden

Former Vice President and U.S. Senator   

Donald Trump

Donald Trump

Incumbent president and businessman