Alternative Energy Partners Inc (AEGY)

[JakOfAllTrades]

Overall, the attorney thinks the new stance by the Obama administration is a positive step:

In the big picture it's a major leap forward. I always believed that once you get banks financially incentivized to take on this business, legalization is only days away.

Ethan Nadelmann, executive director of the Drug Policy Alliance, said this today:

I'm impressed by how the White House is trying to make this work, especially given the inability of Congress to do anything constructive in this area.

U.S. Rep. Jared Polis of Colorado sent out this statement today:

These guidelines demonstrate that the Attorney General recognizes the importance of granting legal marijuana businesses access to banking services available to all other legal businesses.