Much Ado About The Cole Memo
A look inside the Cole Memorandum. The Cole memo was drafted by former US Attorney General James M. Cole in 2013. The memo was issues to all US attorneys through the Department of Justice and it stated " The Following priorities of law enforcement and prosecutors in dealing with state cannabis operations should focus only on:
*Preventing the distribution of marijuana to minors;
* preventing the diversion of marijuana from states where it is legal under state law in some form to other states;
*Preventing revenue from the sales of marijuana from going to criminal enterprise, gangs and cartels;
*Preventing state- authorized marijuana activity from being used as a cover or pretext for trafficking of other illegal drugs or other illegal activity;
*Preventing violence and the use of firearms in the cultivation and distribution of marijuana;
*Preventing drugged driving and the exacerbation of other adverse public health consequences associated with Marijuana use;
*Preventing the growing of marijuana on public land and the attendant public safety and environmental dangers posed by marijuana production on public lands;
* Preventing marijuana possession and use on federal land
Now the Cole memo is just a memo not a law its a guide line the states where marijuana is legal drafted their own state law dealing with their own state enacted marijuana programs.
People are upset about the Cole memo rescind because of it's impact it was significant shift of government priorities away from strict enforcement of federal cannabis prohibition toward a more hands off approach.
In other words the feds would tolerate the market as long as it behaved.
The decision by Sessions is him taking a cheap shot strong arm approach at the industry. Also going back on his word to legal states that going after marijuana wasn't on the Trump agenda. Did he lie!? Of course his a politician right.
How long is Sessions going to be an issue anyway? Doesn't seem as though Trump is a very big fan of his lately, so he might find himself being replaced. If there is one thing Trump is not afraid to do it is fire people who aren't doing what he thinks that they should be doing. I don't think that the states marijuana is legal in have anything to worry about right now.
Sessions since being AG has been bull dog-ish on fighting cannabis legalization. Sessions is still in the fog of his fall out with Trump and the recuse scandal of 2017. Also members of congress are calling for his removal, I believe this is Sessions last attempt at scare tactics. He's lost credibility in the political arena, legal states aren't putting to much stock behind he's recent announcement of rolling back the Cole memo it's business as usual for the cannabis industry. Cannabis stocks did rebound late last week so again I don't see much in the way from Sessions and the DOJ as of right now.
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