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The overall political and economic scenario of United States of America has witnessed some tumultuous times from the time President Trump has been in the helm of the administration. A lot of administrative policies have been introduced which have not gone down well with many sections of the society. Similarly, the domain of marijuana and cannabis is also one of the fronts where many people are worried with the way things are looking with President Trump not being that inclined to legalize marijuana further.
The legal aspects of marijuana usage is still hovering in the gray area in many states of United States of America with only 28 states having accepted it legally for medical use. Colorado and Washington had the use of legal marijuana from the year 2012. One of the most important facts that everybody is closely monitoring is the demeanor of the head of the Justice Department, Attorney General Jeff Sessions as he has always been known to be a stout critic of marijuana. There has also been a lot of indication that President Trump would leave the concerns of legalizing marijuana with the state administrations as he would not want to get into the nitty-gritty of it. Additionally, there is also a lot of buzz stating that eradicating or discouraging the potential $21 billion business of the marijuana is not a good idea as a lot of dominion of the Mexican cartels will then be observed if the legalization is not enforced in the United States.
Also, it is believed that there could be some strategies and laws in the favor off medicinal marijuana, however the recreational usage of it could be limited to or rather eradicated as it is already considered as a Schedule 1 drug which is slated to be used for abuse.
States that lack protection by the Rohrabacher amendment could see a terrible slowdown in the process of legalization of marijuana as it is one of the things which have least priority attached to for the Trump administration. They have many other issues to look at on an urgent basis like healthcare, trade practices in general etc. Therefore, many states might have to play the waiting and watching game when it comes to legalization efforts of marijuana. There is also a lot of grapevine which states that the regions or states where the market has a flourishing trade and it has the legal sanctions as well will be left alone and will not be touched. They can continue with their trade as usual, however, getting more new legal approvals for states could be a difficult job.
Therefore, currently the scene of the Marijuana business is in a status quo state and the norms of business as usual persist. One definitely has to wait and observe how things span out in the near future as far as the cannabis industry is concerned.