trump marijuana policy reversal stokes fears
Last Updated : GMT 12:45:25
Emiratesvoice, emirates voice
Emiratesvoice, emirates voice
Last Updated : GMT 12:45:25
Emiratesvoice, emirates voice

In Pot Firms, Users

Trump marijuana policy reversal stokes fears

Emiratesvoice, emirates voice

Emiratesvoice, emirates voice Trump marijuana policy reversal stokes fears

The Trump administration's decision to enforce federal anti-marijuana
Washington - Emiratesvoice

The Trump administration's decision to enforce federal anti-marijuana laws has sent shivers through users, medical patients and businesses encouraged by the growing number of states legalizing the drug.

Cannabis growers, sellers and financial institutions supporting them, a roughly $7 billion industry, are particularly under threat by the move, and the lack of clarity on how toughly federal anti-pot laws will be enforced will make it difficult for any to build their young businesses, industry experts said.

Attorney General Jeff Sessions on Thursday rescinded the policies of the former Obama administration that made clear the federal government would not challenge local laws that were contrary to federal anti-pot statutes.

Announcing a "return to the rule of law," Sessions called on the 94 US attorneys around the country to enforce the federal laws, which classify marijuana as a dangerous narcotic like heroin.

- Pot businesses nervous -

People in the industry are very concerned, including those in the 29 states and the District of Columbia able to buy marijuana for medical use, and those in the six states that have begun producing and selling pot for recreational use, said Justin Strekal, political director of NORML, the key national lobby for reforming marijuana laws.

"The marijuana business community, in the event of increased federal enforcement, it is going to be the most threatened," he said.

"But the collateral consequence is to the consumers for those businesses. If their friendly local medical marijuana dispensary is closed down, that means they can't get the best medicine their doctor recommended for them."

Vendors in the six Western states which have begun recreational sales -- Colorado, Washington, Oregon, Nevada, Alaska and California -- were set on edge, not knowing if the policy shift presages a tough crackdown.

"We're going crazy right now," said one marketer at a Las Vegas marijuana shop, declining to be identified.

- Policy remains vague -

Sessions did not explain how the new stance would be enforced, saying it was up to the US attorneys in the areas.

Some, like Bob Troyer, the US attorney for Colorado, made clear there will be no change in his stance locally.

In Arkansas, which is in the process of launching a medical marijuana industry this year, Scott Hardin, spokesman for the state finance department, said that for them, Sessions' decision hasn't changed anything.

"We determined that we're going to move forward," he said, expecting that ultimately at least 30,000 people will sign up for medical marijuana.

"What we are looking for is that formal direction."

But with most of the federal prosecutors being appointed by the Trump administration, and some chosen by longtime cannabis opponent Sessions himself, Strekal said it was easy to imagine some taking a hard line.

"A US attorney who might have the inkling to play cowboy or make a name for themselves" could try to shut down pot farms, stores and dispensaries that local laws consider legal, he said.

Furthermore, federal prosecutors can use "RICO" laws aimed at organized crime to threaten others linked to the industry, whether banks, equipment suppliers or transport firms.

The decision sent the shares of publicly-listed pot industry firms, mostly industrial-sized cannabis farmers, tumbling between 13 and 31 percent Thursday. Most only recovered half of that loss Friday, and industry analysts said they could face more difficulties obtaining financing in the uncertain climate left by the Sessions decision.

The decision sparked fresh pressure on Congress to act to remove marijuana from the official federal list of dangerous drugs, which would ease the threat to pot users and businesses.

Legislators from states where cannabis is legal blasted Sessions for the policy shift.

"Our country is in the midst of an opioid crisis and the AG is going to divert resources to cracking down on medical marijuana? This is either willfully ignorant or cowing to corporate greed on behalf of pharma special interest profits," said New York Senator Kirsten Gillibrand.

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

trump marijuana policy reversal stokes fears trump marijuana policy reversal stokes fears

 



Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

trump marijuana policy reversal stokes fears trump marijuana policy reversal stokes fears

 



Emiratesvoice, emirates voice Skincare PR Performance Full Year 2017

GMT 08:36 2018 Monday ,22 January

Skincare PR Performance Full Year 2017
Emiratesvoice, emirates voice New hunt for flight MH370 gets under way

GMT 10:28 2018 Wednesday ,24 January

New hunt for flight MH370 gets under way
Emiratesvoice, emirates voice Modern colorful bedroom renovation

GMT 12:12 2017 Thursday ,21 December

Modern colorful bedroom renovation
Emiratesvoice, emirates voice Five Saudi women pilots granted GACA licences

GMT 15:04 2018 Thursday ,30 August

Five Saudi women pilots granted GACA licences
Emiratesvoice, emirates voice Turkey detains dozens more

GMT 10:11 2018 Wednesday ,24 January

Turkey detains dozens more
Emiratesvoice, emirates voice The Rake announces editorial updates

GMT 12:47 2018 Tuesday ,16 January

The Rake announces editorial updates
Emiratesvoice, emirates voice Europe brings on charm and blue skies

GMT 06:02 2018 Tuesday ,23 January

Europe brings on charm and blue skies
Emiratesvoice, emirates voice Sophisticated Classic Dining Room Design Ideas

GMT 12:15 2017 Monday ,18 December

Sophisticated Classic Dining Room Design Ideas
Emiratesvoice, emirates voice Arab Coalition Forces kill scores of Houthi commanders

GMT 12:46 2018 Thursday ,30 August

Arab Coalition Forces kill scores of Houthi commanders
Emiratesvoice, emirates voice Amazon to open first cashierless shop

GMT 05:18 2018 Tuesday ,23 January

Amazon to open first cashierless shop

GMT 11:22 2018 Tuesday ,23 January

to 'eternal style' of late Alaia

GMT 08:52 2018 Tuesday ,23 January

Louvre Abu Dhabi replaces Gulf map that omitted Qatar

GMT 20:40 2015 Thursday ,14 May

Rdio ramps up streaming music effort

GMT 13:34 2017 Saturday ,01 July

Smart decision by EIDA

GMT 08:08 2017 Wednesday ,27 December

Mai Seleim happy for participating with Adel Imam

GMT 09:26 2017 Tuesday ,28 November

National Day travels, are you in?

GMT 13:44 2013 Thursday ,07 February

Throne of Glass

GMT 13:04 2016 Friday ,02 December

Selena Gomez the master of Instagram in 2016

GMT 23:03 2011 Thursday ,25 August

A replica AC Cobra with a difference

GMT 19:30 2011 Monday ,18 July

Live shop mannequins spark controversy in Italy

GMT 14:46 2011 Tuesday ,26 April

Soaring food prices a threat across Asia

GMT 09:06 2011 Saturday ,28 May

Building envelope to cut energy demand

GMT 09:14 2012 Monday ,23 January

Time for robots to get real

GMT 18:33 2012 Monday ,30 January

A black hole

GMT 08:48 2011 Tuesday ,31 May

NBA pushes into India with media deal

GMT 18:20 2013 Saturday ,24 August

Monza Concept

GMT 07:20 2011 Wednesday ,10 August

Woman who fought for garden plans move

GMT 09:46 2012 Tuesday ,03 April

A fan grants Donia Batmah a new Corvette

GMT 05:11 2011 Friday ,01 April

Saleh\'s hold weakens in restive areas
Emiratesvoice, emirates voice
 
 Emirates Voice Facebook,emirates voice facebook  Emirates Voice Twitter,emirates voice twitter Emirates Voice Rss,emirates voice rss  Emirates Voice Youtube,emirates voice youtube  Emirates Voice Youtube,emirates voice youtube

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©

emiratesvoieen emiratesvoiceen emiratesvoiceen emiratesvoiceen
emiratesvoice emiratesvoice emiratesvoice
emiratesvoice
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
emiratesvoice, Emiratesvoice, Emiratesvoice