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US: HUGE: Federal Government Won't Challenge Colorado's Marijuana Legalization

Walter Hickey and Brett LoGiurato

Business Insider

Thursday 29 Aug 2013

Attorney General Eric Holder announced Thursday that the legalization of cannabis in both Washington and Colorado will be uninhibited by federal interference, a massive overturn of decades of U.S. drug war policy.

Last November, voters in both Colorado and Washington authorized the legalization of marijuana in their states.

The estimated market in Colorado alone for legal cannabis is estimated to be over $600 million, and the fast-growing industry has had a positive impact on both the local economy and state revenues.

One potential thorn in the industry's side, however, is the constant specter of federal intervention. Over the past year, federal agents have busted dozens of cannabis businesses in California, where marijuana is medically legal in some localities.

Now that the federal government has announced they do not plan on intervention, the cannabis industry will have one less thing inhibiting it.

In an accompanying memo, Deputy Attorney General James Cole outlined eight priorities for federal prosecutors who enforce marijuana laws. They aim to prevent:

The distribution of marijuana to minors;
Revenue from the sale of marijuana from going to criminal enterprises, gangs and cartels;
the diversion of marijuana from states where it is legal under state law in some form to other states;
State-authorized marijuana activity from being used as a cover or pretext for the trafficking of other illegal drugs or other illegal activity;
Violence and the use of firearms in the cultivation and distribution of marijuana
Drugged driving and the exacerbation of other adverse public health consequences associated with marijuana use;
Growing of marijuana on public lands and the attendant public safety and environmental dangers posed by marijuana production on public lands;
Preventing marijuana possession or use on federal property.

Here's the full memo from the Department of Justice. Underneath is the stament from a marijuana business industry group:

DoJ marijuana memo:
http://www.scribd.com/doc/164019380/DoJ-marijuana-memo

Read more: http://www.businessinsider.com/huge-federal-government-punts-marijuana-legalization-wont-be-smacked-down-in-colorado-2013-8#ixzz2dO5tKolH

 

 

 

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