From Bruce Schreiner: On Nov. 7, the day after Democrats seized control of the House with what would become a 40-seat swing, President Donald Trump fired his attorney general, Jeff Sessions. That day, at his home in California, Smoke Wallin saw his phone blow up with congratulatory calls from friends and associates celebrating the political demise of the nation's top law enforcement officer. Sessions had spent good parts of the preceding two years looming over a booming industry that is caught between a tidal wave of popularity at the state level and an implacable wall of illegality in Washington. Wallin, the president of Vertical, a cannabis company with a 1,500-acre ranch outside Santa Barbara and operations in four states, was not unmoved by Sessions' departure, but he saw an even more welcome development in the election results.

NYSE:MJ January 22, 2019 1:48pm