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Re: GVInvestments post# 132465

Monday, 10/20/2014 7:40:24 PM

Monday, October 20, 2014 7:40:24 PM

Post# of 137698
Seems California has fallen behind and Colorado is the leader in the marijuana industry.

Bunch of rubes in California can't get it together.

James Cole tells California to get their act together or the Justice Department will start prosecuting.

Cole to California: Regulate the MMJ Industry.

The author of the 2013 Cole Memo has a clear message for California: “If you don’t want us prosecuting (marijuana users) in your state, then get your regulatory act together.”

U.S. Deputy Attorney General James Cole made that comment in an interview with the Los Angeles Times after announcing earlier this week that he plans to step down from his current post.

Cole issued a key memo a little over a year ago that basically gave Colorado and Washington State the green light to move forward with recreational marijuana legalization, as long as they implement strict regulations and provide effective oversight.

California has tried and failed repeatedly to pass statewide regulations on its medical marijuana industry, leaving it vulnerable to federal crackdowns. Another regulatory attempt is expected to begin early next year.

Cole’s leniency in enforcing federal law over state law when it comes to marijuana lends extra weight to his warning to California, especially because he’s resigning from the Department of Justice.

IG


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