CNBX Pharmaceuticals Inc (CNBX)

[rjunior79]

Undoubtedly: Many in the industry felt a bit of relief when Sessions said to Congress this past Tuesday, “Our policy is the same really, fundamentally, as the Holder-Lynch [ie Obama] policy, which is that the federal law remains in effect and a state can legalize marijuana for its law enforcement purposes...”

Sessions made some more news as well. For the first time, he agreed that cannabis is not as dangerous as heroin, even though both are listed as Schedule I drugs, i.e. deemed the most dangerous of all. He had previously called cannabis “only slightly less awful” than heroin.

In addition, he acknowledged that “we are bound” by the Rohrabacher-Blumenauer amendment, a statutory mandate.