Sessions’ Impact

What does Jeff Sessions’ announcement mean for states in which recreational marijuana has been legalized?

“I believe the intention of his statement is to scare. I don’t know what it fully means for the states because there are no actions. As of right now, it is just an intent to revoke or re-sign the memo. I believe that right now he is re-announcing what he is going to do, but we need to wait and see the specifics for each state he will be going after. It is surprising to hear this announcement only days after the legalization of the largest state population-wise. It will be very interesting to observe if he has anything specific to say to California regulations or regulatory bodies or if he is truly going after legalization whole war. In my view, as I have said before, I think the bark is bigger than the bite.”

How will this impact California’s new retail dispensaries?

“I don’t think it will immediately impact dispensaries. The statement is just too vague. Are they going to allow state attorneys general to federally prosecute those in the industry? I don’t believe he will find the resources, I don’t think he will find them in the pool of regulatory bodies. To me, it’s nothing but a new bark from Sessions, just to participate in the interviews. Maybe he is looking for re-election? I don’t know. To me, it sounds like the guy just wants to be interviewed about this. I don’t see a clear course of action he could take in order to return, refund, or re- anything that pertains to the business.”

Will the use of medical marijuana be affected?

“I don’t think that the use of any marijuana will be affected. The fact is [that] we are legalizing something that people have been using for hundreds of years legally or illegally. We are now just trying to reroute the paths of revenues so they stay away from the black market and instead go to the right parties, which are government regulators. If anyone thinks that that by signing any law they will stop people from consuming cannabis, they are funnier than they think they are. Nobody is changing anyone’s using habits. The money is used to benefit the school districts, roads, and employment, or is the money just going to go back to the cartels? This is the true question that Sessions needs to think about.”
 


Serge Chistov is the financial partner with Honest Marijuana Company, which uses all-natural cultivation methods to produce only the finest organic and eco-conscious cannabis products. Their marijuana is also packaged in Earth-friendly recyclable tin cans with pure nitrogen to ensure only the highest level of integrity and quality. https://honestmarijuana.com