Sessions’ move could slow cannabis investment money, but analysts doubt long-term impact


News that federal prosecutors have wider discretion to enforce federal drug law could put at least a temporary damper on investment money flowing into the U.S. cannabis sector, but analysts doubt the money will dry up.

U.S. Attorney General Jeff Sessions’ decision last week to rescind Obama-era protections for the legal cannabis industry has created new uncertainties for investors thinking about pumping money into U.S. marijuana companies.

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