New York-based Acreage Holdings, the company Boehner is joining, legally grows and distributes weed throughout 11 states in America. Boehner's latest position was announced in a joint statement with former Massachusetts governor Bill Weld, who is joining in the same role.
I’m joining the board of #AcreageHoldings because my thinking on cannabis has evolved. I’m convinced de-scheduling the drug is needed so we can do research, help our veterans, and reverse the opioid epidemic ravaging our communities. @AcreageCannabis https://t.co/f5i9KcQD0W— John Boehner (@SpeakerBoehner) April 11, 2018
Boehner's addition is viewed as a major turning point for Acreage Holdings, as well as in the nationwide argument to legalize weed. The company, which advocates for widespread legalization, can now tout the involvement of a highly visible member of the Republican party, one that has consistently opposed the decriminalization of marijuana in the past.
The announcement of Boehner's decision also comes at a decisive time in the development of legalized marijuana as a legitimate business. With more than 60 percent of the country's support and billions of dollars in revenue, the economic prospects for legalization have never been clearer. However, Boehner claims he has no financial investment in Acreage, and that his change of heart simply came from researching cannabis use to treat veterans, as well as seeing how it helped a friend's back pain.
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