Reporter: This road is the only road in or out of Nipton and it cuts right through federal land. The feds still consider marijuana a schedule one drug and that means this town could be a target.
Shearin: I would love a crack down here. Crack down, arrest me...Why because I manage a town where people are following their states law?
Hmmm, what happened to Shearin? Let's see, he got arrested and no longer works for ERBB. Haha you can't make this stuff up.
Most of us learned in grade school that federal law takes precedence over state law. That's like law 101.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.