Some even think Sessions will speed up the legalization process. “He’s out of step with his own advisers, he’s out of step with the president-who has said it’s a states’ rights issue-and he’s out of step with the American people. “It just shows how out of touch Sessions is,” said Morgan Fox, the director of communications for the Marijuana Policy Project. Despite public polling showing its popularity, the cards are stacked against a successful long-term business model here.” “But this will create a significant chilling effect on investors who had hoped to cash in on a new ‘green rush.’ Before Trump, you would have to just be risk to put money behind the marijuana industry now you’d have to be downright crazy. “We don’t know how this might play out legally,” he said. “This should not come as a surprise,” said Rafael Lemaitre, former associate director for public affairs for the Drug Policy Office under President Obama. Attorney General Jeff Sessions and his Justice Department to rescind an Obama-era policy used as a protection for states that have legalized marijuana could be a major blow. MarketWatch reports Jeff Sessions has delivered a blow to the marijuana industry’s ability to raise capital.
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