President Donald Trump last Friday reiterated his support of states choosing whether to legalize cannabis. When asked on the White House lawn by a Washington Examiner reporter whether cannabis would become legal during his Administration, Trump stated, “We’re going to see what’s going on. It’s...
A few weeks ago the President renewed discussion of the possibility of eliminating quarterly reporting by US public companies and moving back to semi-annual reports. In a tweet on August 17, he said, “In speaking with some of the world’s top business leaders I asked what...
Updated 1:03 PM following release of bill text. On the White House lawn this morning, getting ready to leave for the G-7 summit in Canada, Pres. Trump made positive comments about the cannabis bill introduced yesterday by Sen. Cory Gardner (R-CO) and Elizabeth Warren (D-MA). The...
The last month or so has seen a dramatic series of steps which could eventually lead to the full legalization of cannabis at the US federal level. First, Senate Majority Leader Mitch McConnell introduced a bill to fully legalize industrial hemp, in part to help...
As more and more politicians of all stripes move towards support of federal legalization of cannabis, two senior Republicans have joined the advisory board of a major cannabis company. According to The Hill, the former Speaker of the House John Boehner and former Massachusetts Governor William...
According to The Fresh Toast, US Attorney General Jeff Sessions is now hinting at expanding enforcement of federal cannabis laws. The report indicates that, at a news conference today, Sessions said they are looking "very hard right now" at possible changes to the Cole Memo. That...
A number of liberal groups filed a lawsuit today to challenge Pres. Trump's January 30 executive order that for every new regulation an agency must eliminate two old regulations. The lawsuit says it requires agencies to be "arbitrary," which they would not be allowed to...
What a ride it's been. In March 2009 at the nadir of the last bear market, the Dow Jones Industrial Average hit 6547, the lowest it had been in 12 years. Today the Dow hit 20,000 for the first time. So if you invested at...
At his confirmation hearing to become the next US Attorney General yesterday, Alabama Sen. Jeff Sessions seemed to soften his previous extreme views against legalization of cannabis. As we know, recently Sessions said things like "Good people don't smoke marijuana" and it is "not the...
First, happy new year to my faithful blogees! As President-elect Trump has been organizing his proposed Cabinet, we haven't heard much yet about appointments to administrative agencies such as the Securities and Exchange Commission. Trump gets to appoint three open SEC commissioner spots out of five....