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Home / Business / Federal Crackdown On States’ Legal Marijuana Drives Private Investors Away

Federal Crackdown On States’ Legal Marijuana Drives Private Investors Away

By Ben Marcus

After U.S. Attorney General Jeff Sessions told prosecutors they are free to go after marijuana businesses, investors started getting worried. And that’s having a ripple effect on the industry.

This month, Attorney General Jeff Sessions told federal prosecutors that they are free to go after marijuana businesses. So it is a lot riskier now to do business in the nine states that allow legal recreational cannabis. As Colorado Public Radio’s Ben Markus reports, the immediate impact here has been on the financing.

Read more at NPR

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