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Keyword: marijuanastocks

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  • Cannabis stocks tank on report DoJ to rescind state protections

    01/04/2018 8:28:10 AM PST · by AngelesCrestHighway · 56 replies
    MarketWatch ^ | 01/04/18 | Ciara Linnane
    A strong rally in cannabis-related stocks this week to mark the start of sales of recreational marijuana in California came to a screeching halt Thursday, on a report that the Justice Department is about to throw a spanner in the works for the nascent weed industry. U.S. Attorney General Jeff Sessions, a longtime marijuana opponent, is expected to rescind an Obama-era policy that gave protections to states that have legalized marijuana as long as they abide by a series of guidelines, the Associated Press reported, citing unnamed sources. An announcement that will scrap what is known as the Cole Memo...