• AERO2.40-0.06 -2.44%
  • AGTK0.010577-0.000823 -7.219302%
  • AMMJ0.565-0.075 -11.719%
  • ATTBF0.1565+0.0007 +0.4493%
  • CANN1.199-0.001 -0.083%
  • CARA12.43+0.00 +0.00%
  • CBDS2.75-0.08 -2.83%
  • CGRW0.91+0.04 +5.12%
  • CNAB0.70+0.01 +1.45%
  • DIDG0.0001+0.0000 +0.0000%
  • EDXC0.0505-0.0011 -2.2265%
  • FULL2.67+0.00 +0.00%
  • GBLX0.25745+0.03245 +14.42223%
  • GRNH0.03628+0.00328 +9.93939%
  • GWPH105.08-2.55 -2.37%
  • HEMP0.019-0.001 -3.308%
  • INCC0.00035-0.00005 -12.50000%
  • INSY7.53-0.08 -1.05%
  • LXRP0.41+0.02 +5.13%
  • MCIG0.1645-0.0048 -2.8352%
  • MJNA0.0697+0.0007 +1.0145%
  • MJNE0.942-0.041 -4.171%
  • MNTR0.697481-0.113519 -13.997412%
  • NDEV0.277-0.013 -4.450%
  • NTRR0.0799-0.0011 -1.3580%
  • OXIS0.063-0.029 -31.522%
  • PMCB0.0554-0.0013 -2.2065%
  • PLPL0.009+0.000 +0.000%
  • RSSFF0.054-0.003 -5.462%
  • SPRWF1.11+0.00 +0.00%
  • SRNA0.114059+0.006559 +6.101395%
  • STEV0.0012+0.0000 +0.0000%
  • TRTC0.19-0.00 -0.68%
  • TURV0.38-0.08 -17.39%
  • TWMJF10.2355+0.1065 +1.0514%
  • XXII2.78+0.12 +4.51%
  • ZDPY0.82+0.02 +2.50%
  • AUDUSD=X0.7822
  • USDJPY=X113.3180
To show stock chart
JeffSessions-JEFFREY FRIEDLAND

Trump’s Justice Department may crack down on thriving pot industry, but is it too big to jail?

Business leaders like Shen are betting the rapid maturity of the cannabis industry has made it too big to jail. Even before new laws took effect permitting the recreational use of pot in the massive markets of California and Massachusetts, the legitimate pot business had dwarfed its 2011 size, when the Drug Enforcement Administration was still aggressively raiding medical marijuana vendors operating legally under state laws. Since then, President Obama’s Justice Department decreed that states should have freedom to pursue their own policies, and the legalization train seemed to have left the station.

But those who have been in the business since the early days of medical marijuana caution the legions of newcomers that federal busts and seizures could quickly make a comeback. Sessions very deliberately left that option open during his confirmation hearing.

Read more at LATIMES



CANNABIS ENTREPRENEURS
READ BLUNT

SIGN UP FOR FREE WEEKLY CANNABIS
BUSINESS NEWS, ANALYSIS AND ALERTS