One day after the Midterm Elections, Attorney General Jeff Sessions has resigned at the request of President Trump. According to President Trump, Matthew Whitaker, Sessions chief of staff will serve as the acting Attorney General.
It was reported by press secretary Sarah Sanders, the White House received and accepted Sessions resignation letter early Wednesday. It was no secret Trump and Sessions’ relationship was strained by the fact Sessions decided to recuse himself from the Russia investigation. Trump has been quoted by many news outlets saying “I don’t have an Attorney General”.
This news couldn’t come at a better time for Cannabis investors and the sector as a whole. Sessions anti-cannabis views and actions served as a major roadblock for the industry.
With last night’s midterm elections passing 3 of the 4 major cannabis initiatives the removal of Jeff Sessions as AG will no doubt serve as another major catalyst for the sector. Cannabis stocks are currently in the midst of another major rally on the heals of the midterms and this Sessions news only adds fuel to that fire.
Congratulations to everyone in the Cannabis industry as we knock off yet another hurdle.
….We thank Attorney General Jeff Sessions for his service, and wish him well! A permanent replacement will be nominated at a later date.
— Donald J. Trump (@realDonaldTrump) November 7, 2018
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