Marijuana advocates celebrate after Jeff Sessions is ousted

Cannabis businesses and advocates are celebrating the forced resignation of famously anti-marijuana Attorney General Jeff Sessions. Stocks are up for marijuana companies, especially because Sessions’ ousting comes after three states voted to ease restrictions on the drug in this week’s midterm elections.

The White House asked Sessions to resign yesterday for reasons completely unrelated to his marijuana policies. Nevertheless, the cannabis industry has already been impacted by the news. Canadian cannabis company Tilray saw its stock jump 30 percent in yesterday’s trading. Stock for companies like Canopy Growth and Aurora Cannabis grew 9 percent, according to CNBC, and there were also gains for cannabis funds like Nasdaq’s Alternative…

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