The cannabis producer Tilray is going bananas after Jeff Sessions resigns as attorney general (TLRY)

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November 7, 2018 9:46 PM

Tilray exploded 30% on Wednesday after Attorney General Jeff Sessions, a longtime opponent of legal marijuana, resigned as attorney general.

Attorney General Jeff Sessions, a longtime opponent of legal marijuana, resigned Wednesday as attorney general.
The cannabis producer

The cannabis producer Tilray exploded 30%after

"At your request, I am submitting my resignation," Sessions said in his resignation letter, adding that it came at the request of President Donald Trump.

In January, Sessions rescinded an Obama-era policy directing the Justice Department to keep its hands off of state-legal cannabis. The Justice Department's new guidance leaves it up to federal prosecutors to decide how aggressively to pursue cannabis.

On Tuesday, Michigan became the 10th US state, along with Washington DC, to legalize marijuana

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