Cannabis Economy

Aaron Justis returns to share that he feels the rescission of the Cole & Ogden memos will not result in disruption. He notes that giant state government agencies are involved, politicians up and down the state of California had a strong response that they would keep regulating and keep taxing legal cannabis. And of course, other states like Colorado had vociferous responses from the State Attorney General stating that she would defend state legal businesses to Republican Senator Cory Gardner raising his voice from the floor of the US Senate insisting on protecting state legal cannabis despite the fact that he didn’t initially support it. Aaron also notes the fact that ultimately it would come down to jurors convicting state legal cannabis and legal cannabis has overwhelming support.