Laura Bianchi, Rose Law Group partner, director of Medical Marijuana Department quoted in Bloomberg

Jeff Sessions

Laura Bianchi, Rose Law Group partner, Director of Medical Marijuana Dept. comments

By Jennifer Kaplan | Bloomberg

Attorney General Jeff Sessions is rescinding an Obama-era policy that helped states legalize recreational marijuana, throwing a wet blanket on the fledgling industry during what could have been a celebratory week.

Related: Don’t worry about downfall of medical cannabis business, Bianchi says

The Justice Department will reverse the so-called Cole and Ogden memos that set out guardrails for federal prosecution of cannabis and allowed legalized marijuana to flourish in states across the U.S., according to two senior agency officials. U.S. attorneys in states where pot is legal will now be able prosecute cases where they see fit, according to the officials, who requested anonymity discussing internal policy.

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