While the language in the new budget didn't go so far as to protect the use of cannabis beyond medical purposes, the Department of Justice hasn't had that restriction imposed on it since Jeff Sessions took the helm over a year ago. Further, the inclusion of the amendment is a powerful signal that Congress supports the rights of states to regulate and tax cannabis, suggesting that any attempts to interfere at all by the Department of Justice would face political backlash. While it's too early to predict, there is a significant number of bills that have been introduced that would help reform federal cannabis policy on a more permanent basis than the budget-to-budget protections offered over the past few years.
Major Risk To Cannabis Stocks On Verge Of Lifting
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