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Marijuana industry executives nationwide are scrambling to understand how Attorney General Jeff Sessions’ decision to rescind Obama-era protections for the legalized cannabis industry will affect their companies and employees.
Legal experts cautioned against making hasty decisions – given that it remains to be seen whether Sessions and the U.S. Justice Department will unleash a widespread crackdown on state-legal marijuana industries.
Rather, they said, companies should continue to abide by state marijuana laws.
“I advise clients continue to focus on operating their businesses in compliance with the applicable rules and regulations and try to ignore the chaotic, political and shock-motivated headlines which have unfortunately become the norm,” said Laura Bianchi, head of the cannabis practice at the Rose Law Group in Scottsdale, Arizona.
“While it is certainly alarming to see him (Sessions) take this position, I see it as having little to no impact at this stage.”
