Want a Job in the White House? Don’t Invest in the Marijuana Biz.
People who invest in the legal cannabis market may have a hard time getting a job in the Biden administration. The administration “has expanded its employee conduct guidelines to potentially deny security clearance to individuals who have invested in companies that are involved in the marijuana business,” POLITICO reports.
The report is based on an internal executive branch presentation shared with POLITICO.
“Eligibility may be negatively impacted if an individual knowingly and directly invests in stocks or business ventures that specifically pertain to marijuana growers and retailers,” the government document states. “Decisions to willfully invest in such activity could reflect questionable judgment and an unwillingness to comply with laws, rules, and regulations.”
The new guideline comes one year after the administration fired five employees over past marijuana use.