Following the Money: Is Cuomo Softening His Stance on Marijuana?
*By Amanda Weston*
A report released this week claiming that New York gubernatorial incumbent Andrew Cuomo accepted more donations from the cannabis industry than his re-election campaign disclosed has raised some eyebrows about the Democrat's views on marijuana.
"Cuomo's not coming out in full force of endorsing legalization," said Alyson Martin, co-founder of CannabisWire, the publication that released the report. "But he is accepting money from the cannabis industry and from big players in the cannabis industry."
Cuomo has been [notoriously inconsistent](https://www.democratandchronicle.com/story/news/politics/albany/2018/05/25/andrew-cuomo-marijuana-timeline/632312002/) about his position on pot. He once called it a "gateway drug," but has also said that medicinal marijuana may be [acceptable](https://www.nytimes.com/2018/07/13/nyregion/marijuana-new-york-cuomo-legalization.html) in some cases.
But CannabisWire will continue to follow Cuomo's money, Martin said.
"Part of the reason that CannabisWire is looking into the flow of money from the Cannabis industry to political candidates is because, as we all know, elected officials may say one thing but the money tells another story."
[The site reported](https://cannabiswire.com/2018/08/29/cannabis-in-the-ny-governors-race-big-donations-and-a-big-debate/) that Cuomo accepted about $150,000 from large cannabis companies. CannabisWire found a $50,000 donation linked to a non-profit Christian mission actually came from MedMen, a cannabis company, meaning the sum wasn't properly attributed to its real source in Cuomo's disclosure. The company later claimed the incorrect listing was a clerical error.
Whether the news will actually sway Cuomo's chances against political newcomer Cynthia Nixon, though, is unclear.
The actress and activist has been a strong advocate of legalizing marijuana. She, like many other liberals, considers it a racial justice issue, since [more people of color](https://www.politico.com/states/new-york/city-hall/story/2018/02/13/racial-disparities-continue-in-new-york-city-marijuana-arrests-248896) are arrested for marijuana offenses than Caucasians.
Cuomo admitted during the televised gubernatorial debate on Wednesday that he believes the benefits of legalization outweigh the risks but was not as forceful as Nixon.
But Martin thinks his donors are hoping he'll eventually become a proponent for cannabis legalization .
"I certainly think that it's a strong shove in that direction," Martin said. "These are not the mom-and-pop companies that are supporting candidates. These are bigger companies."
Cuomo's campaign did not respond to CannabisWire's request for comment. Martin doesn't think the Governor has violated campaign finance laws, but her outlet is continuing its investigation.
For full interview [click here](https://cheddar.com/videos/cannabis-disclosures-play-into-new-york-governor-race).
2021 saw markets continue to be impacted by the onslaught of the coronavirus pandemic -most recently in the form of the Omicron variant- in addition to the global supply chain shortage, and increased inflation. But it wasn't all bad news, as crypto soared throughout the year, and meme stocks continued to have a moment. With the year coming to a close, investors are keeping an eye out to see if they should expect more of the same in the new year. Chris Vecchio, Senior Analyst, at DailyFX tells us what market trends to be on the watch for in 2022.
Matt Hayden, vice president of govtech solutions at Exiger and a former assistant secretary of cyber at Department of Homeland Security, joined Cheddar to discuss the surprise phone call initiated by Russian President Vladimir Putin to President Joe Biden, ahead of January security talks about the rising tensions over Ukraine. "We're hoping to hear that we're able to talk about the aggression and the leadup of the Ukrainian militarization," Hayden said. "But we're also looking to hear is how the Kremlin leveraged their talking points to try to test their negotiation stance with the United States leading into this January 10th meeting."
The No Surprises Act begins implementation on January 1, 2022. The legislation is meant to curb the practice of unexpected billing for care from providers the patient was unaware were out-of-network from their insurance. Patricia Kelmar, director of health care campaigns for U.S. PIRG joined Cheddar to describe the hundreds, sometimes thousands, of dollars charged to unsuspecting patients and how things will change under the new law. "If we are picking an in-network doctor and an in-network hospital, we should not see those added costs from anesthesiologists, radiologists, scrub-in surgeons," she said. "The other area it protects you is in air ambulances — not ground ambulances, unfortunately — but the helicopters or the airplanes you might need to transport you in an emergency situation."
President Joe Biden and Russian President Vladmir Putin are expected to have another conversation surrounding escalating tensions between Russia and Ukraine. Ariel Cohen, senior fellow at the Atlantic Council, joined Cheddar's Ken Buffa to discuss the ongoing tensions and why Putin's request for a conversation with Biden comes now. "This is very serious. This is the worst security crisis we had since the collapse of the Soviet Union," Cohen told Cheddar.
Stocks closed mixed on Wednesday, but two indexes - the Dow and the S&P 500 - ended the session with a new record. Akshata Bailkeri, Equity Analyst at Bruderman Asset Management, joins Cheddar News' Closing Bell, where she says there is a consensus for robust consumer spreading in 2022, especially as the Omicron variant is proving to be milder than other COVID-19 strains.