Marijuana Investor Peter Thiel Said to Join Trump’s Presidential Transition Team
Venture capitalist Peter Thiel will join President-Elect Donald Trump’s transition team, a move that solidifies the Facebook Inc. board member’s power and could help Silicon Valley have a say in the next administration. Since Thiel was the first institutional investor to put money into the nascent cannabis industry, this could be a positive sign, and an indication that Trump's government is open to business opportunities in the marijuana sector.
Thiel, who was one of the few tech industry executives who supported the Republican candidate, will play a role in vetting presidential appointments and selecting which of Trump’s campaign promises will become the policies of America’s 45th president, according to people familiar with the discussions. Thiel’s title and precise role are still being determined, the people said. The Huffington Post earlier reported that Thiel would lead the transition team.
Speaking for Trump as a delegate at the Republican National Convention this...
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