InvestorsHub Logo

el jefe78

01/10/17 3:20 PM

#37976 RE: mc67 #37975

I took the same thing from that statement

scurve

01/10/17 3:22 PM

#37978 RE: mc67 #37975

And that will never happen. The majority of states do not have laws legalizing it, and the majority of the House and Senate are made up of members who oppose legalizing it. It's wishful thinking to think "money talks" if only 5 or 6 states are benefiting from it. Congress will not overturn the law and Sessions will enforce the existing statute, just like I said before the hearings started. He won't have to sue the states. He'll just order ATF to conduct raids on the largest growers and distributors, that will be enough to scare everyone else away. The states can argue all they like, but the courts are clear on this matter. Federal law trumps state law.

Captainandy

01/10/17 4:54 PM

#37999 RE: mc67 #37975

#GRNH Thats right MC67... The FEDS are about to LEGALIZE CANNABIS ... Canada will first do it in 2017 , then Mexico and the USA will follow in 2018...:-}

They need TAX REVENUES ...Bottom line...:-}


Crypto__1

01/10/17 8:36 PM

#38011 RE: mc67 #37975

I'm still discecting this statement! Mixed on how to take it!

porkypigg

01/10/17 8:55 PM

#38013 RE: mc67 #37975

sometimes I really wonder why so many people emphasize on -
MJ with GRNH, when their biggest contract deal for $ 7.5 MILLION was recently with "FOODRAISER", a company that grows lettuce and veggies ?? its good that this company is diversified .

Crypto__1

01/10/17 8:56 PM

#38014 RE: mc67 #37975

Marijuana advocates parsing Sessions' testimony for signs of new federal approach

http://www.usatoday.com/story/news/2017/01/10/marijuana-advocates-parsing-sessions-testimony-signs-new-federal-approach/96417344/


Marijuana advocates parsing Sessions' testimony for signs of new federal approach

Jars of marijuana offered for sale at a Colorado-licensed cannabis dispensary. With tens of thousands of jobs and ...more
Trevor Hughes/USA TODAY
Facebook
Twitter
Email
Aa
_
+
Trevor Hughes | USA TODAY
7:33 p.m. ET Jan. 10, 2017
The nation’s fast-growing marijuana industry remains cautiously optimistic but uncertain about how the Trump administration will handle cannabis enforcement across the country.

Attorney General nominee Jeff Sessions, testifying at the start of his confirmation hearings on Tuesday, pointed out that marijuana remains illegal at the federal level, but that the federal government has limited enforcement resources. Eight states — Alaska, California, Colorado, Maine, Massachusetts, Nevada, Oregon and Washington — have legalized recreational marijuana, as has the District of Columbia. And 29 states permit some form of medical marijuana use.
Marijuana-industry workers worry Sessions, a Republican U.S. senator with a longstanding opposition to marijuana legalization, could crush an nascent industry that’s on track to be worth $21 billion within three years. During his testimony Tuesday, Sessions reminded Congress that it has the power to legalize pot nationally. During the election, President-elect Trump said he would respect states’ rights and leave alone marijuana programs, but didn’t discuss national legalization.
“It’s not so much the attorney general’s job to decide what laws to enforce,” Sessions said in response to a question. “We should do our job and enforce laws effectively.”


Jeff Sessions, nominee for Attorney General, during confirmation hearing before the Senate ...more
Jack Gruber/USA TODAY
Legalization advocates say they worry Sessions’ nomination was a signal that Trump had changed his mind. But the president-elect’s spokesman on Tuesday morning said nominees would be expected to carry out Trump’s agenda. Polls show a majority of Americans support marijuana legalization, and tens of thousands of people are working in the home-grown industry.
Jeff Sessions defends himself during Senate grilling

Continue reading below
NEWS
Sessions defends himself during Senate grilling
NEWS
Trump pick Monica Crowley has a plagiarism problem
NEWS
Intel chiefs briefed Trump on salacious allegations
NEWS
Trump asks vaccine skeptic RFK Jr. to lead study
NEWS
Mexico says it will negotiate with Trump
“It's time for federal lawmakers to represent the clear choices of their constituents,” National Cannabis Industry Association executive director Aaron Smith said in a statement.
Today, marijuana dealers feel largely protected by the Cole Memo, a Justice Department letter establishing under what circumstances federal law enforcement would step in. Generally speaking, the Cole Memo says the federal government will ignore marijuana businesses working in states with strong regulatory systems that take steps to keep pot out of the hands of children and prevent drug cartels from profiting. But that 2013 memo also specifically says prosecutors retain the discretion to target the marijuana industry if there’s a “strong federal interest.” Sessions could rescind that memo once he’s on the job.
Congress also has prohibited the Justice Department from using federal money to interfere with medical marijuana patients in states where it’s been approved. Medical marijuana advocates say they were disappointed Sessions didn't discuss medical programs in more detail.

The hearing continues Wednesday