JeffSessions-JEFFREY FRIEDLAND

Sessions’ Role as U.S. Attorney General Unsettles Legalized Pot Industry

The prospect of Senator Jeff Sessions as U.S. attorney general has cast uncertainty over the country’s nascent legalized marijuana industry, souring deals and disrupting share prices since the longtime critic of the drug was nominated.

The U.S. Senate on Wednesday confirmed President Donald Trump’s nomination of Sessions by a vote of 52-47 after strong opposition from Democrats.. The Republican senator from Alabama has opposed attempts to legalize marijuana and reduce drug sentences and once urged the death penalty for drug traffickers.

Trump named Sessions as his choice to lead the Justice Department on Nov. 18, shaking the exuberance of an industry that last year reached $7 billion in legal sales and generated half a billion dollars in sales taxes.

Read More at Reuters



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