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Attorney General Jeff Sessions will roll back an Obama-era policy that gave states leeway to allow marijuana for recreational purposes. The Justice Department on Thursday afternoon released a memo announcing that the so-called Cole memo — which ordered U.S. attorneys in states where marijuana has been legalized to deprioritize prosecution of marijuana-related cases — would be rescinded effective immediately. "Previous nationwide guidance specific to marijuana enforcement is unnecessary and is rescinded, effective immediately," the memo reads. Two sources with knowledge of the decision confirmed to The Hill early Thursday that Sessions planned on ending the policy authored in 2013 by...

WASHINGTON (AP) — Attorney General Jeff Sessions is rescinding the Obama-era policy that had paved the way for legalized marijuana to flourish in states across the country, two people with knowledge of the decision told The Associated Press. Sessions will instead let federal prosecutors where pot is legal decide how aggressively to enforce federal marijuana law, the people said. The people familiar with the plan spoke on condition of anonymity because they were not authorized to discuss it before an announcement expected Thursday. The move by President Donald Trump's attorney general likely will add to confusion about whether it's OK...

Attorney General Jeff Sessions will roll back an Obama-era policy that gave states leeway to allow marijuana for recreational purposes. Two sources with knowledge of the decision confirmed to The Hill that Sessions will rescind the so-called Cole memo, which ordered U.S. attorneys in states where marijuana has been legalized to deprioritize prosecution of marijuana-related cases. The Associated Press first reported the decision. Sessions, a vocal critic of marijuana legalization, has hinted for months that he would move to crack down on the growing cannabis market. Sessions, since taking over as head of the Justice Department, has appeared to show...

A strong rally in cannabis-related stocks this week to mark the start of sales of recreational marijuana in California came to a screeching halt Thursday, on a report that the Justice Department is about to throw a spanner in the works for the nascent weed industry. U.S. Attorney General Jeff Sessions, a longtime marijuana opponent, is expected to rescind an Obama-era policy that gave protections to states that have legalized marijuana as long as they abide by a series of guidelines, the Associated Press reported, citing unnamed sources. An announcement that will scrap what is known as the Cole Memo...