Vice President Kamala Harris is set to unveil her campaign support for cryptocurrency and cannabis as part of her “Opportunity Economy” agenda, aiming to court the cryptocurrency community and Black entrepreneurs.
On October 14, 2024, Vice President Kamala Harris will address a group of Black entrepreneurs in Erie, Pennsylvania, where she will outline her support for Black-owned small businesses, cryptocurrency, and digital asset regulation, as well as the federal legalization of cannabis.
This announcement is part of her broader “Opportunity Economy” pledge, which seeks to build an economy where Black men are equipped with the tools to thrive, buy homes, provide for their families, start businesses, and build wealth.
Harris’s campaign co-chair, Cedric Richmond, emphasized that this initiative is designed to shore up voter support from Black men by addressing their economic needs and aspirations.
The vice president’s agenda includes offering 1 million “fully forgivable” loans to Black business owners and implementing new federal regulations for cryptocurrency to protect investors in digital currencies.
Additionally, Harris has proposed legalizing marijuana nationally for recreational use and ensuring that Black entrepreneurs have access to the growing cannabis industry.
The “Opportunity Agenda for Black Men” also includes increasing pathways for apprenticeship and job opportunities, aiming to provide economic security and growth for communities that have historically faced barriers to financial success.
Harris’s outreach to Black men is seen as a strategic move to counter the inroads former President Donald Trump has made with this demographic, which could be pivotal in the upcoming election.
Kamala Harris’s campaign support for cryptocurrency and cannabis reflects a broader commitment to economic inclusivity and innovation. As the election approaches, her proposals aim to address the economic challenges faced by Black men and other marginalized communities.
This initiative not only highlights the potential for growth in the crypto and cannabis industries but also underscores the importance of creating an equitable economy where everyone has the opportunity to succeed.
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Disclaimer: This article is for informational purposes only and does not constitute financial advice. Always do your research before investing in any cryptocurrency.