How The Marijuana Industry Might Go Up In Smoke Under Trump
The new Justice Department, under nominee Jeff Sessions, could easily nip the legal weed trend in the bud.
Colorado is home to five million people, 966 marijuana dispensaries, hundreds of 420-friendly hotels and Airbnbs, and at least one mobile cannabis lounge. The state, where recreational weed became legal in 2014, sold more than $1 billion in marijuana last year, funneling at least $151 million of that into government coffers — and generating thousands of new full-time jobs, data shows. As a social experiment, regulated pot in the state has largely been a success: traffic fatalities have not increased, use among teens is down, and marijuana arrests plummeted by 95 percent.
All of this, along with gains in other legal weed states, could come crashing down with a new president in the White House.
If so inclined, the Trump administration has the power to bring the full weight...
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