Feature:
Smoke Signals Up North - What Jeff Sessions Ending U.S. Marijuana Protections Really Means
Uh oh, they have gone and done it. Is it time for the sky to start falling ...?
Andrew Hard
The Justice Department will rescind the so-called Cole and Ogden memos that protected cannabis entrepreneurs from federal prosecution and allowed the legal cannabis industry to flourish in states across the U.S. In a nutshell, that means U.S. attorneys in states where marijuana is legal will now be able to prosecute cases where they see fit. This will create more confusion about the overall legality of marijuana in states where it is legal, with businesses in each state not knowing whether they will be protected. This is potentially a big $3.7 billion bummer for California and other legal cannabis markets ...or maybe not.
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