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The Real Headline Behind White House’s Latest Marijuana Comments

Thursday, March 9, 2017 10:17
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(Before It's News)

When it comes to legal marijuana and cannabis biotech – which we’ve been discussing for several months now – there’s an elephant in the room.

There’s been a few recent comments from the Trump administration – though not the president himself – that paint recreational cannabis in a negative light.

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During a Feb. 23 press conference, White House Communications Director Sean Spicer said he expects the Trump administration to seek “greater enforcement” of federal laws against marijuana.

Then, while speaking to reporters on Feb. 27 at the Justice Department, new Attorney General Jeff Sessions said, “I’m definitely not a fan of expanded use of marijuana.”

Not surprisingly, that’s inspired plenty of conjecture and worry from the media.

However, we’re not buying into that sensationalism and fear-mongering.

That’s because neither Spicer nor Sessions – nor anyone else in the White House – proposed any actual actions.

So instead of panicking, let’s take a breath…

I remain a big believer in this sector and its long-term growth. And I stand by my 2017 Legal Marijuana Forecast.

But the statements from Spicer and Sessions do raise some questions from “marijuana curious” investors.

Today I’m answering them

Continue Reading…

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The post The Real Headline Behind White House’s Latest Marijuana Comments appeared first on Money Morning – We Make Investing Profitable.

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