The start to 2019 looks to be much more promising for the cannabis industry than last year. If you'll recall 2018 began with then Attorney General Jeff Sessions rescinding the Cole Memorandum. Stocks plunged on the news and many in the industry began to worry if their assets would be seized and if more restrictions were in the pipeline.
Fast forward to the end of the year: Sessions is gone and more states pushed ahead with legalization as a result of the midterm elections. The White House is consumed with the subject of immigration and while there is talk of drugs crossing the border, it doesn't necessarily call out cannabis as part of those "drugs." Comparatively, 2019 is off to a much more positive start that 2018. Here's what's in store: