EXCLUSIVE: From Trump's Weed Pardons To Biden's Policy, Hip-Hop Producer Weldon Angelos Has Had A Big Impact On Legislation
Portfolio Pulse from Nicolás Jose Rodriguez
Weldon Angelos, once imprisoned for nonviolent drug offenses, has significantly influenced drug legislation and received a pardon from President Trump in 2020. Post-release, he founded The Weldon Project in LA, supported by companies like Kush Co. (OTC:GNLN) and Cresco (OTC:CRLBF). Angelos advocates for cannabis law reform, clemency for cannabis offenses, and the reduction of federal sentencing guidelines for marijuana offenses. His efforts include working with the Biden administration and organizing symposiums to establish criteria for commuting sentences.
January 25, 2024 | 8:16 pm
News sentiment analysis
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POSITIVE IMPACT
Cresco supports The Weldon Project, advocating for cannabis law reform and clemency, which could influence Cresco's market and regulatory environment.
Cresco's involvement with The Weldon Project could enhance its reputation and possibly benefit from a more favorable regulatory environment due to the advocacy for cannabis law reform.
CONFIDENCE 75
IMPORTANCE 50
RELEVANCE 60
POSITIVE IMPACT
Kush Co. supports The Weldon Project, founded by Weldon Angelos, who advocates for cannabis law reform and clemency for nonviolent drug offenders.
Kush Co.'s support for The Weldon Project may positively influence its brand image and align it with social justice, potentially attracting customers and investors interested in corporate responsibility.
CONFIDENCE 75
IMPORTANCE 50
RELEVANCE 60