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RE: Cannabis-Related Stocks Take A Hit After AG Jeff Sessions Announces Plans To Go After Legal Marijuana

in #cannabis7 years ago

Thanks for sharing. I work in the recreational cannabis market with high-end investors where I live and the DOJ announcement shook things up for a minute. There was a bit of a shock wave in my community because we have so much invested in it. Fortunately our attorney general is stepping up and has indicated they will protect us, although I am not so sure about that. I believe that stocks are going to be like how it is for us everyday in the industry; up and down and up and down until all this gets settled. Cannabis needs to be re-scheduled and allowed to be transported across state lines so kick ass growing regions like man can distribute legally to other states. Fortunately the movement is already too far along as Maine just passed some new laws in the face of the DOJ. So there you go. Thanks for keeping us up to date. Stocks in this sector are tough right now.

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