Jeff Sessions Cole Memo Update – Cannabis Stock Trades

Greetings Friends,
Cannabis stocks took a hit today after US Attorney General Jeff Sessions rescinded the Cole Memo – legislation that basically makes it illegal for the Feds to go after state cannabis programs.
In the short run, cannabis stocks are down. But in the long run, I don’t think this will have any impact on the cannabis industry or the potential of cannabis stocks.
Here’s a video with some more thoughts.

About the Author

Michael Vodicka is an equity analyst with more than 20 years of experience trading and investing. His research has been featured in some of the industry’s most respected publications. He has been investing and leading investors in the cannabis sector since 2013.