Attorney General Jeff Sessions issued a memo rolling back the Obama-era rule that allowed the recreational marijuana industry to flourish. That policy kept feds from cracking down on pot trade in states where it's legal. Cannabis Now's Associate Editor Greg Zeman and The Hill Correspondent Reid Wilson explains how companies in the marijuana market are responding. "They are concerned about their own future," said Wilson. "It's injected a lot of uncertainty into a market that was poised to double by the end of the decade." Earlier this week recreational marijuana became legal in the state of California. "The notion that we lost some kind of lynchpin from legalization is somewhat overstated," said Zeman on Sessions memo.

Share:
More In Politics
WHO Chief Pledges Probe of Virus Response
WHO Director-General Tedros Adhanom Ghebreyesus says he will begin an independent evaluation of the U.N. health agency’s response to the coronavirus pandemic “at the earliest appropriate moment.”
Jersey Shore Beaches Get Guidelines to Reopen
New Jersey's governor issued long-awaited guidance Thursday to Jersey Shore towns on how to safely reopen their beaches as the summer season beckons amid the coronavirus outbreak.
Load More