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Cannabis stocks took a hit today after US Attorney General Jeff Sessions rescinded the Cole Memo – legislation that basically makes it illegal for the Feds to go after state cannabis programs.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.