Kamala Harris's Bold Plan: Legalizing Marijuana and Protecting Cryptocurrency for Black Entrepreneurs
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Kamala Harris's Bold Plan: Legalizing Marijuana and Protecting Cryptocurrency for Black Entrepreneurs

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Summary:

  • Kamala Harris pledges to legalize marijuana and protect cryptocurrency assets.

  • 1 million forgivable loans for Black entrepreneurs announced.

  • 20% of Black Americans own cryptocurrency, highlighting the need for regulation.

  • New initiatives focus on health equity and investment in Black communities.

  • Harris's outreach aims to counter declining support from Black male voters.

Vice President Kamala Harris is making headlines with her new initiatives aimed at Black voters. During her campaign, she pledged to:

  • Legalize recreational marijuana, creating opportunities for Black Americans in the industry.
  • Offer 1 million fully forgivable loans up to $20,000 for Black entrepreneurs to kickstart their businesses.
  • Establish a framework for regulating cryptocurrency and digital assets, noting that over 20% of Black Americans currently own or have owned cryptocurrency.
  • Increase investment in Black male teachers and promote apprenticeship and credentialing opportunities within Black communities.
  • Launch a National Health Equity Initiative, focusing on health challenges disproportionately affecting Black men, such as sickle cell disease and diabetes.

Harris Campaigning

Harris's efforts are seen as crucial as polls indicate some Black men may lean toward former President Trump or abstain from voting altogether. In light of this, her campaign is intensifying outreach efforts, including events with influential Black figures and discussions with Black business owners.

Former Rep. Cedric Richmond emphasized the "Opportunity Economy" Harris aims to create, where Black men can thrive and build wealth. Additionally, Harris's upcoming engagements include meetings in Erie, Pa., and Detroit, aimed at fostering connections with the community.

Former President Barack Obama recently commented on the declining support for Harris among Black men, suggesting that it might stem from issues surrounding gender in leadership. This has prompted a response from the Black Men for Trump Advisory Board, who criticized his remarks as dismissive of Black voters' agency.

As the election approaches, Harris's campaign will focus specifically on engaging Black men, recognizing their pivotal role in the upcoming election.

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