The day before yesterday, Attorney General Jeff Sessions resigned under pressure. While this is certainly bad for the investigation into Russian election interference and related matters, it appears to be good for marijuana legalization.* It was definitely a positive for marijuana-related stocks, as CNBC reported in It's been a big political day for pot, here's why more good news is ahead.
Pot scores big political victories. And pot stocks soar on Jeff Sessions' resignation. With CNBC's Aditi Roy and Melissa Lee, and the Fast Money traders, Tim Seymour, Karen Finerman, Steve Grasso and Dan Nathan.Not only did Michigan legalize recreation use, but Missouri and Utah (!) voted to legalize medicinal use of marijuana. The prediction I first made on this blog in 2012 that marijuana will be legalized is slowly becoming true. It will join marriage equality, the other part of that prediction, in becoming reality.
I promised that "WXYZ, WOOD-TV, and other[s] have more on Proposal 1 passing, which I will share in a later post." I'll get to that. Stay tuned.
*I don't think this will make up for that problem, but it does help.