Re: Legal Weed Is Coming to New Jersey

Posted by Dolomiti on 2018/1/6 19:26:01

K-Lo2 wrote:
LOL! I wouldn't know!!! Why don't all the senators in the "legal" states band together to produce some remedial federal legislation?

That might actually be happening.

Congressmen and governors, from both parties, are furious over Sessions' plans to enforce federal marijuana laws. Some are upset over the claim that it violates federalist principles; some because they want to protect a nascent industry that is generating billions in state tax revenues.

There are stocks and ETFs for marijuana companies, which obviously took a bit of a hit. Even stocks for legitimate businesses (like Scotts, which makes fertilizer) dropped after Sessions' announcement.

While I don't think it will happen any time soon, it seems to me that federal legalization is inevitable. It's already getting too big and too popular to stop.

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