- Former Attorney General Jeff Sessions, a staunch opponent of legal weed, resigned on Wednesday.
- President Donald Trump is reportedly considering
- Weed stocks rallied on Wednesday after Sessions resignation, but got hit on Thursday as Sessions departure optimism wanes.
- Watch
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Weed stocks are getting slammed as worries surface that the new attorney general could be against legalizing marijuana (CRON, APHA, ACB, TLRY, CGC)
Cannabis stocks are sliding Thursday as the resigned Attorney General Jeff Sessions is reportedly having an anti-marijuana successor.
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Weed stocks were sliding from their post-election peaks Thursday as worries surfaced that the successor to former
Pot stocks rallied on Wednesday, with Tilray surging more than 30%, after Michigan became the 10th US state to legalize marijuana and as Jeff Sessions, a long-term opponent of legal weed, resigned as the US's attorney general. In January, Sessions rescinded an Obama-era policy directing
no such thing as medical marijuana." And in August, 57-page document
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Now read:
- The cannabis producer Tilray is going bananas after Jeff Sessions resigns as attorney general
- Weed stocks are rallying after Michigan legalizes marijuana for recreational use
- ANALYST: These are the next 4 states to legalize marijuana
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