• AERO2.46+0.00 +0.00%
  • AGTK0.0114-0.0012 -9.5238%
  • AMMJ0.64-0.06 -8.52%
  • ATTBF0.1558-0.0032 -2.0126%
  • CANN1.20-0.04 -3.23%
  • CARA12.43+0.06 +0.49%
  • CBDS2.83-0.12 -4.07%
  • CGRW0.86565+0.00565 +0.65697%
  • CNAB0.69-0.03 -4.17%
  • DIDG+0 +0%
  • EDXC0.05165-0.00035 -0.67308%
  • FULL2.67+0.00 +0.00%
  • GBLX0.225-0.005 -2.174%
  • GRNH0.033-0.003 -7.042%
  • GWPH107.63-1.77 -1.62%
  • HEMP0.01965-0.00035 -1.75000%
  • INCC0.0004+0.0001 +33.3333%
  • INSY7.61+0.02 +0.26%
  • LXRP0.39+0.02 +5.41%
  • MCIG0.1693+0.0018 +1.0746%
  • MJNA0.069-0.002 -2.439%
  • MJNE0.983+0.063 +6.848%
  • MNTR0.811-0.039 -4.588%
  • NDEV0.2899+0.0099 +3.5357%
  • NTRR0.081+0.006 +8.725%
  • OXIS0.063-0.029 -31.522%
  • PMCB0.05665-0.00135 -2.32758%
  • PLPL0.009-0.000 -4.255%
  • RSSFF0.05712-0.00068 -1.17647%
  • SPRWF1.11+0.03 +3.06%
  • SRNA0.1075-0.0010 -0.9217%
  • STEV0.0012+0.0001 +4.3478%
  • TRTC0.1913+0.0008 +0.4199%
  • TURV0.46-0.03 -5.15%
  • TWMJF10.129+0.674 +7.131%
  • XXII2.66-0.02 -0.75%
  • ZDPY0.80+0.02 +2.55%
  • AUDUSD=X0.7814
  • USDJPY=X113.4790
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Jes Sessions

Pot Industry Breathes Easy, Feels Jeff Sessions Won’t Smoke Sector

Owners of state-legal cannabis businesses say they aren’t particularly concerned about the possibility that Sen. Jeff Sessions, considered by a Senate committee on Tuesday to be attorney general, will seek to crush the multibillion-dollar state-legal industry.

Legally speaking, the Alabama Republican — a cannabis reform foe — would have the power to greatly harm the industry if confirmed by the full Senate. But business owners say strong polling and economic arguments in their favor make such action unlikely.

As President Donald Trump moves to enact campaign promises to throttle travel from some Muslim-majority countries and to build a border wall with Mexico, they also believe Trump and by extension Sessions won’t undermine a pervasive pledge to protect jobs.

“We’re not talking one thousand or two thousand jobs, we’re talking billions in revenue, hundreds of millions in taxes, tens of thousands of jobs,” says Derek Peterson, CEO of Terra Tech, a company with about 200 full-time employees that grows and sells medical marijuana at a large northern California facility and at several facilities in Nevada.

Read more at usnews.com



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