Posted by Ashby Jones

Opening-day is still a month away. The Dow is nearly at a 12-year low. The snow is blowing horizontally up and down the eastern seaboard, and Giselle is officially off the market.

It’s time to talk about marijuana.

Under President Bush, the federal Drug Enforcement Agency undertook several raids on marijuana dispensaries in California. The raids cast into sharp relief the gulf between California state law, which has legalized the distribution of marijuana for medicinal purposes, and federal law and enforcement policy under the Bush administration, which was decidedly less tolerant.

But under President Obama, the scenario might well be changing. According to this recent San Francisco Chronicle article, U.S. Attorney General Eric Holder is sending strong signals that President Obama – who as a candidate said states should be allowed to make their own rules on medical marijuana – will end raids on pot dispensaries in California.
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