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Federal Decision On Legalized Marijuana Coming “Soon”

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Eric Holder doj marijuana colorado washingtonUS Attorney General Eric Holder confirmed that the Department of Justice was wrapping up their evaluation of legalized marijuana in Washington and Colorado and would issue a statement “soon.”

Holder told Colorado A.G. John Suthers: “We’re in the last stages of that review and we’re trying to make a determination  as to what the policy ramifications are going to be, what our international  obligations are — there are a whole variety of things that go into this  determination — but the people of [Colorado] and Washington deserve an answer  and you will have one soon.”

The comments came during a question and answer period following Holder’s written remarks at the National Association of Attorneys General conference being held in Washington, D.C. Voters in both Washington and Colorado elected to legalize the personal use of marijuana for adults in November 2012.

Holder revealed that the Department of Justice was “in the process of reviewing both of the initiatives that were passed.”

Pressure is on the DOJ to make a ruling. Lawmakers have recently filed bills in the House of Representatives that would introduce descheduling of marijuana, legalized industrial hemp and tax/regulate systems for marijuana distribution in the United States.

“Entrepreneurs hoping to capitalize on the emerging recreational marijuana market have been on the edge of their seats for several months,” reports the MMJ Business Daily. “How the government responds to the new state laws will have huge business implications. Billions of dollars in revenues and countless opportunities are at stake.”

Although the implications of federal acceptance of legalized marijuana are staggering, the two states involved will be the crucibles of this form of capitalism. The Daily reports that “entrepreneurs in Colorado and Washington have already started writing up business plans for retail operations, hoping for the best. And dozens of companies have cropped up to capitalize on this emerging market, providing everything from legal services to educational events to consulting.”

AG Holder’s official statement from the Conference can be read here:

www.enewspf.com/latest-news/latest-national/latest-national-news/40719-attorney-general-eric-holder-speaks-at-the-national-association-of-attorneys-general-winter-spring-meeting.html

Source: The Compassion Chronicles

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About Author

"Rick Thompson was the Editor in Chief for the entire 2-year run of the Michigan Medical Marijuana Magazine, was the spokesman for the Michigan Association of Compassion Centers and is the current Editor and Lead Blogger for The Compassion Chronicles. Rick has addressed committees in both the House and Senate, has authored over 200 articles on marijuana and is a professional photographer." Rick Thompson Is An Author At The Compassion Chronicles and focuses on all things Michigan.

9 Comments

  1. You really ought to follow the link. The money Has nothing to do with the UN. Let me see if I can be clearer. Black market money props up US banks. In fact it props up the world economic system.

  2. with industrial hemp and quality marijuana we will no longer need UN money. We can be the textile giant of the world and wear quality clothing, stop pumping oil out of the ground, feed the hungry and so one. PHUCK the UN!!!!!!!

  3. DavidTheExpert on

    WE ARE PREPARED FOR legal BATTLE!

    The winds of change are finally at our backs. There is no stopping the cannabis reform movement. This is the DEA’s last stand, and they will fail.

  4. Not soon enough for MHP. We were sentenced to jail time, house arrest time and lifetime loss of constitutional protections of our “endowed by the creator” rights.

  5. the pact we have with UN is the problem, we will have secede from UN, negotiate a deal regarding mj, then rejoin! unfortunately I think Holder will sue states to stop this legalization because pursue from UN!

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