Former Rep. Dana RohrabacherDana Tyrone RohrabacherNow someone wants to slap a SPACE Tax on Jeff Bezos, Elon Musk, et al 'Blue wave' Democrats eye comebacks after losing reelection Former Rep. Rohrabacher says he took part in Jan. 6 march to Capitol but did not storm building MORE (R-Calif.) joined cannabis company BudTrader as a shareholder and advisory board member, he announced on Twitter on Tuesday.
Rohrabacher said the move is so he can “continue the fight for cannabis legalization on a national level.”
I'm proud to announce I've joined https://t.co/ya09tKK9hc as a shareholder and advisory board member, so I may continue the fight for cannabis legalization on a national level.— Dana Rohrabacher (@DanaRohrabacher) May 29, 2019
BudTrader, based in California, is a cannabis platform considered the “Craigslist of weed.” Its CEO, Brad McLaughlin, announced plans to go public on Friday.
Rohrabacher was a champion of marijuana while in Congress. He worked to protect medical cannabis companies from prosecution by the Justice Department, efforts which first passed as the Rohrabacher-Farr amendment in 2014. He also co-founded the Cannabis Caucus in the House in 2017.
The California Republican was first elected in 1988 and lost his reelection bid in 2018 to Rep. Harley RoudaHarley Edwin Rouda'Blue wave' Democrats eye comebacks after losing reelection Former Rep. Rohrabacher says he took part in Jan. 6 march to Capitol but did not storm building Republicans race for distance from 'America First Caucus' MORE (D-Calif.). Rohrabacher also had close Russia ties while in Congress and said that he was considered for secretary of State after President TrumpDonald TrumpKinzinger says Trump 'winning' because so many Republicans 'have remained silent' Our remote warfare counterterrorism strategy is more risk than reward Far-right rally draws small crowd, large police presence at Capitol MORE's election.
Rohrabacher joins the ranks of former Rep. Joseph Crowley (D-N.Y.) and former Senate Majority Leader Tom Daschle (D-S.D.), in lending their help to the marijuana industry. Crowley and Daschle were named to an international cannabis board in May.
Former Speaker John BoehnerJohn Andrew BoehnerLobbying world A new kind of hero? Last week's emotional TV may be a sign GOP up in arms over Cheney, Kinzinger MORE (R-Ohio) also sits on the board of the cannabis corporation Acreage Holdings.
The marijuana industry has seen some legislative action this Congress.
The SAFE Banking Act, which would allow banks to work with marijuana businesses that are legal under state law, passed out of the House Financial Services Committee in March and awaits a vote on the House floor.