Though Yang is even selling marijuana-themed merchandise on his campaign website, he has yet to solidify any further stances on pot policy and details on his criminal-justice plan. Still, cryptocurrency site CCN predicts a Yang presidency would boost cannabis stocks.
Mike Bloomberg
As mayor of New York City, Bloomberg favored strict enforcement of laws against marijuana use. He has repeatedly condemned the drug as harmful, blaming it for driving down children’s IQs and calling legalization “perhaps the stupidest thing anybody has ever done” in public remarks earlier this year.
After announcing his presidential run, Bloomberg told the Wall Street Journal that he supports decriminalization of low-level possession offenses. But unlike most of the field, he said he remains opposed to the legalization of recreational or medical marijuana.
Pete Buttigieg
The South Bend, Indiana, mayor favors marijuana legalization. He’s also one of the few presidential candidates in the race to actively support decriminalization of drugs beyond just marijuana.
Named after the 19th-century civil rights leader Frederick Douglass, the Douglass Plan — the reform outline cited on his campaign website — states, “we will, on the federal level, eliminate incarceration for drug possession, reduce sentences for other drug offenses and apply these reductions retroactively, legalize marijuana and expunge past convictions.”
Buttigieg admitted he’d used pot “a handful of times” while touring a dispensary in suburban Las Vegas. He also said he learned a lesson about racial privilege and drug laws when a police officer let him go after catching him with marijuana while he was a student at Harvard, reports the Boston Globe.
Amy Klobuchar
In addition to cosponsoring Warren’s STATES Act, the Minnesota senator supported the Marijuana Effective Drug Studies (MEDS) Act of 2017 to expand cannabis research. While she does favor legalization, she breaks from several other 2020 candidates by pushing for states to develop and pass their own cannabis policies, according to Town Hall.
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