Democrats fight back at Biden administration’s dismissal of cannabis’-using employees, signaling investing risks

Democrats fight back at Biden administration’s dismissal of cannabis’-using employees, signaling investing risks
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A new report suggests that a cannabis company investment could damage a person’s ability to work under President Joe Biden. Reporters from online news outlet Politico managed to get their hands on a detailed document outlining the Biden Administration’s newly imposed employee conduct guidelines. As per the report issued by Politico on Wednesday, March 2, the rules may “potentially deny security clearance to individuals who have invested in companies that are involved in the cannabis business.” “Eligibility may be negatively impacted if an individual knowingly and directly invests in stocks or business ventures that specifically pertain to cannabis growers and retailers,” the document said. “Decisions to willfully invest in such activity could reflect questionable judgment and an unwillingness to comply with laws, rules, and regulations.” In the past, the Biden administration has dealt with the subject of cannabis consumption among employees in a fairly relaxed manner. “Biden White House has been more permissive than past administrations on past cannabis use,” a White House official was quoted as saying last year. However, members of the White House reaffirmed their prohibitive stance to cannabis by firing staff for using the green plant in 2021. Congressional Democrats sent letter to Biden following 2021 firings of White House staffers  A letter was recently reviewed by the Biden Administration after Democrats claimed to be feeling “dismayed to learn that several White House staffers were reportedly suspended, put on probation or asked to resign after honestly disclosing past cannabis use.” In their written request, the Democrats ask the Biden Administration to clarify their employment suitability policies, banish past cannabis consumption as a potential disqualifier “and apply these policies with consistency and fairness.” “Cannabis is legal for either medical or adult use in 36 states, with more than 50 percent of the adult population having used cannabis…

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