Article by Zach Harris, Merry Jane
A business cruise aimed at connecting ganja-preneurs with potential investors has been cancelled thanks to Sean Spicer’s month-old threats against the recreational weed industry.
Texas-based investor James Lee had planned the “cannabis cruise” at the beginning of 2017. By mid-February, the manifest was filling up, with sponsors, investors, and businessmen all pledging cash and support for the October cruise that would take cannabis industry insiders on a round-trip from Miami to Jamaica and back. Lee even had a contract written up with Royal Caribbean to charter one of their yachts for the excursion.
But that all changed as soon as White House Press Secretary Sean Spicer took his podium on February 23rd and declared that the Trump administration was considering “greater enforcement” of federal cannabis laws in states with recreational use legislation. Almost immediately, Lee’s phone blew up and the cannabis cruise hit an unforeseen iceberg.
“The comments didn’t go into much detail,” Lee told Yahoo Finance, “but it was enough to scare anybody. Companies and sponsors that were going to be participating didn’t want to put themselves out there any more.”
Ironically, Lee actually voted for Trump, hoping that his deregulatory tendencies – the same tendencies he’s using to defund the EPA and Planned Parenthood – would lead to cannabis legalization nationwide. Lee apparently didn’t think too much of Trump’s inner circle or his teetotaling ways and says he lost “millions” in foregone income due to the Spicer threats.