WASHINGTON, Feb. 9. 2017 /Weed Wire/ — The Marijuana Policy Project (MPP) has issued the statement below regarding the Senate’s confirmation of Jeff Sessions as attorney general on Wednesday evening.
Tag Archives: Loretta Lynch
U.S. estimates by investment bank Cowen and Company suggest cannabis sales will increase at a compound annual growth rate of 23% over the next decade to US$50 billion. In Canada, it’s estimated that 5.2 million Canadians will consume legalized pot annually by 2021.
Since the central issue for the legal marijuana industry is the classification of marijuana as a Schedule I drug under the Controlled Substances Act, a new focus on re-classification could be promising.
Although there were no legislative or electoral votes, these recent events are still victories for the marijuana industry.
Cannabis stocks started the day off with an interesting press release out of Surna (OTCQB: SRNA) announcing that its CEO Tom Bollich will be stepping down.
Loretta Lynch, President Barack Obama’s nominee to succeed Eric Holder as attorney general, began confirmation hearings on January 28, 2015. She made news immediately by saying that she does not support the legalization of marijuana.
Despite substantial scientific evidence that marijuana is not as harmful as alcohol, many law enforcement officials continue to pretend otherwise. Add to that list Loretta Lynch, President Obama’s nominee for attorney general.