Flickr / Michael Vadon / CC BY 2.0
“The Trump effect is good news for the cannabis industry,” said lawyer Lawrence Horwitz at the California Cannabis Business Expo in San Diego on Monday. That comment shocked many attendees who fear that the Trump administration is going to crack down on recreational marijuana.
Horwitz, of the Horwitz & Armstrong law firm in California, noted that if Hillary Clinton had won the election, there was a a good chance marijuana would have been rescheduled.
On June 15, 2017, the United States Securities and Exchange Commission called hemp oil fraud on a public company, filing a complaint in federal court that claims CV Sciences (OTCQB:CVSI) , formerly known as CannaVEST, and its CEO, Michael Mona, Jr., intentionally overstated the company’s total assets.
Two online marijuana shipment businesses are under investigation by Denver’s Better Business Bureau. On June 15, 2017, the BBB announced that it was investigating Denver Marijuana and Denver Smoke Buds for illegally mailing marijuana, among other reasons.
A group of lawmakers reintroduced a bipartisan medical cannabis bill just days after a letter surfaced from Attorney General Jeff Sessions that asked Congress to let him prosecute medical cannabis users.
