This would be under the purview of the Justice Department and the Controlled Substances Act. That would mean federal law officials could go into states where cannabis is legal and take action against companies and users. He has now indicated that the Cole Memo will be rescinded. He is also an advocate of States' rights. He famously, and bizarrely, stated that the Ku Klux Klan was "okay until I found out they smoked pot". Sessions is well-known for his opposition to cannabis reform. "Disrupt criminal organisations, tackle the growing drug crisis and thwart violent crime." Now, a memo from the Attorney General's office instructs federal officials to move actively against the those breaking federal law. Under President Obama, the so-called "Cole Memo" left it up to individual states to enforce cannabis laws. However, the news out of Washington this week shows that the concept of my article was correct. Many correspondents said this was not a risk and the movement was unstoppable. In a previous article, I gave details of how the Trump Administration could yet be a barrier for the cannabis industry. Medical marijuana looks a better play, especially GW Pharmaceuticals (NASDAQ: NASDAQ: GWPH). New moves this week by Attorney General Sessions may cast a pall over the entire recreational cannabis sector. The history of Growlife ( OTCQB:PHOT) is an example of this. This presents many traps for the unwary investor. It will almost certainly be legal in Canada this coming July. It was legalized in California as of 1st January. The California Gold Rush of 1848 brought fame and fortune to a select few and trouble for many.
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