Pot stocks riding high on Trump commitment to support states where legal

A SEPT. 20 2017 FILE

President Donald Trump has reportedly lent his support to a US senator from Colorado, promising to back legislation that "protects states' rights" on legalized marijuana. Congressman Jared Polis, who introduced a bill in March 2017 to de-schedule marijuana as a federally illegal substance, worked with Gardner and state representatives Ed Perlmutter and Diana DeGette to create a spending-bill amendment to restrict the DOJ from interfering with Colorado's legal pot industry.

Cory Gardner speaks during a news conference following weekly policy luncheons on Capitol Hill, April 10, 2018, in Washington. "Late Wednesday, I acquired a dedication from the President that the Division of Justice's rescission of the Cole memo shouldn't be going to impression Colorado's licensed marijuana enterprise".

"Furthermore", Gardner added, "President Trump has assured me that he will support a federalism-based legislative solution to fix this states' rights issue once and for all".

White House spokeswoman Sarah Sanders said during Friday's press briefing that the president spoke with Gardner today and yesterday.

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During the 2016 presidential campaign, candidate Trump said states should be able to decide their own marijuana policies.

Gardner noted that Trump had stated during his campaign that he had supported states' rights to decide how to approach marijuana. "I'm a states particular person, it must be as a lot because the states, utterly", he suggested a television interviewer in Colorado that 12 months. Nonetheless Gardner talked about Courses had promised him he'd do nothing to intervene with Colorado's sturdy marijuana market.

President Trump was reportedly so enraged by an Federal Bureau of Investigation raid of his personal attorney's office and hotel that he is now on the brink of firing Rod Rosenstein, the deputy attorney general he appointed, as well as Attorney General Jeff Sessions.

In exchange, Gardner said he has agreed to lift his remaining holds on Justice Department nominees.

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Gardner met with Sessions in January shortly after that, but no discernible actions came from the meeting.

In retaliation, Gardner used his vitality as a senator to forestall consideration of any nominees for the Division of Justice - a uncommon step for a senator to utilize in opposition to an administration run by one different member of his event. Gardner has met with Sessions and Deputy Attorney General Rod Rosenstein, the official overseeing the Russian Federation probe who has been the target of Trump's ire. Friday's decision stopped the blockade on the few who were left. I might believe it if he ordered Sessions to reinstate the DOJ guidance on the matter that is consistent with this promise and orders the DEA and federal prosecutors not to investigate or prosecute anyone for a marijuana-related action that is legal in the state in which it took place.

The action came amid widespread speculation that Trump will remove Justice officials overseeing the Russian Federation investigation.

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