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Did Jeff Sessions Cause a Washington Cannabis Lab to Lose Its Loan?

Did Jeff Sessions Cause A Washington Cannabis Lab To Lose Its Loan?

When President Donald Trump tapped then-Sen. Jeff Sessions to be his attorney general, the cannabis community wasn’t happy. The thought of a man who had characterized legalization as a “tragic mistake”—and who infamously quipped that he thought Ku Klux Klan members were “OK until I found out they smoked pot”—leading the Justice Department fueled fears of a return to time of armed raids and jail time for cannabis businesses operating in legal states.

Industry insiders, however, suspected a subtler approach. The first casualty, some predicted, would be the industry’s access to capital. Sessions’ mere presence as America’s top cop, they warned, could scare away banks and investors. RELATED STORYWhy Cannabis and Cryptocurrency Have Yet to Hit It Off Ask the owners of Confidence Analytics, a cannabis testing lab in Redmond, Washington, that’s now embroiled in a lawsuit with Walla Walla–based Banner Bank, and they’ll tell you that’s exactly what happened. Sessions’ aim has been “scaring...

See Article on Leafly HERE