I just skimmed through the policy, and it had a lot of restrictions before the "drugs and drug paraphernalia" clause was added.
The entire banned design list:
And this clause is also in there, and I doubt it was a new one:
I think it would be fair as long as they are consistent with both sides on this issue. For example letting the "students against legalization of drugs" use the logo and not the pro crowd would be wrong. Other wise no. The college republicans and Democrats don't use the logo so I don't see why this is different.
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