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
As Twitter War Deepens, The Mooch Calls Trump an 'Unmitigated Disaster'
President Trump escalated his war of words with Anthony Scaramucci on Monday, calling the Mooch "highly unstable" in an early morning tweet storm. Scaramucci joined Cheddar to unpack the string of insults and to discuss the coalition of former cabinet members he is assembling to stop Trump in 2020.
Rep. Tlaib Won't Visit Grandmother in West Bank Over Israel's Conditions
Rep. Rashida Tlaib of Michigan said on Friday that she will not visit her family in the West Bank due to the conditions required by the Israeli government. The decision follows a reversal by Israel, which first barred her from the country and later granted her entry on humanitarian grounds.
Load More