{"id":2181,"date":"2018-01-08T13:08:17","date_gmt":"2018-01-08T13:08:17","guid":{"rendered":"https:\/\/www.medicalmarijuanainc.com\/?p=33948"},"modified":"2018-01-08T13:08:17","modified_gmt":"2018-01-08T13:08:17","slug":"cbs-news-interviews-medical-marijuana-inc-coo-blake-schroeder-rescinding-cole-memo","status":"publish","type":"post","link":"https:\/\/medicalmarijuanainc.com\/2018\/01\/08\/cbs-news-interviews-medical-marijuana-inc-coo-blake-schroeder-rescinding-cole-memo\/","title":{"rendered":"CBS News Interviews Medical Marijuana, Inc. COO Blake Schroeder on Rescinding of Cole Memo"},"content":{"rendered":"<p><i><span style=\"font-weight: 400;\">San Diego\u2019s CBS news affiliate station CBS News 8 invited MJNA executive Blake Schroeder to discuss the Justice Department\u2019s new policy on state-legal marijuana.<\/span><\/i><\/p>\n<p><iframe loading=\"lazy\" title=\"CBS Interviews COO Blake Schroeder after Jeff Sessions&#039; Rescission of the Cole Memo\" width=\"1080\" height=\"608\" src=\"https:\/\/www.youtube.com\/embed\/4W4e0JR12NU?feature=oembed\"  allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture\" allowfullscreen><\/iframe><\/p>\n<p><span style=\"font-weight: 400;\">Medical Marijuana, Inc. Chief Operating Officer Blake Schroeder was interviewed by San Diego CBS-affiliate station <\/span><i><span style=\"font-weight: 400;\">CBS News 8<\/span><\/i><span style=\"font-weight: 400;\"> last week to share his thoughts on the potential impact of the Donald Trump Administration rescinding a federal policy that protected state-legal marijuana.<\/span><\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"wp-image-33951 alignright\" src=\"https:\/\/www.medicalmarijuanainc.com\/wp-content\/uploads\/2018\/01\/img_blake.png\" alt=\"blake schroeder\" width=\"158\" height=\"158\" \/><\/p>\n<p><span style=\"font-weight: 400;\">As a cannabis industry leader, Schroeder was asked for his thoughts regarding the January 4 announcement by United States Attorney General Jeff Sessions that he has<\/span><a href=\"https:\/\/medicalmarijuanainc.com\/sessions-rescinds-federal-policy-protects-state-legal-marijuana\/\"> <span style=\"font-weight: 400;\">rescinded the Obama-era Cole Memo<\/span><\/a><span style=\"font-weight: 400;\">, a federal policy that directed prosecutors and law enforcement to not prioritize interfering with states that legalized cannabis.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The announcement came only days after California, one of eight states to legalize adult use cannabis,<\/span><a href=\"https:\/\/news.medicalmarijuanainc.com\/california-opens-recreational-marijuana-market\/\"> <span style=\"font-weight: 400;\">launched its soon-to-be billion dollar recreational marijuana market<\/span><\/a><span style=\"font-weight: 400;\">.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">\u201cAt the 25<\/span><span style=\"font-weight: 400;\">th<\/span><span style=\"font-weight: 400;\"> hour, for the federal government to come in and cast some clarity, or try to make the situation less clear, is pretty surprising for us,\u201d Schroeder told <\/span><i><span style=\"font-weight: 400;\">CBS News 8<\/span><\/i><span style=\"font-weight: 400;\">.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The new policy suggests the Department of Justice may be planning to enforce federal laws against recreational marijuana. A federal crackdown could jeopardize<\/span><a href=\"https:\/\/medicalmarijuanainc.com\/u-s-cannabis-industry-projected-reach-24b-2025\/\"> <span style=\"font-weight: 400;\">billions in revenue and taxes<\/span><\/a><span style=\"font-weight: 400;\"> and<\/span><a href=\"https:\/\/news.medicalmarijuanainc.com\/u-s-cannabis-industry-230k-jobs\/\"> <span style=\"font-weight: 400;\">hundreds of thousands of full- and part-time jobs<\/span><\/a><span style=\"font-weight: 400;\">.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">In the interview, Schroeder said he remained hopeful that state-legal marijuana businesses would be okay provided they follow state law.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">\u201cIt\u2019s business as usual. I think that dispensary owners in particular should try to follow the state laws. They\u2019ve all got their licenses. They\u2019ve been working for months and months and months to get their business legal. And I think they should try to follow state laws as closely as they possibly can.\u201d<\/span><\/p>\n<p><span style=\"font-weight: 400;\">MJNA and the federally legal hemp cannabidiol (<\/span><a href=\"https:\/\/medicalmarijuanainc.com\/what-is-cbd-oil\/\"><span style=\"font-weight: 400;\">CBD<\/span><\/a><span style=\"font-weight: 400;\">) market is unaffected by the policy change announced by Sessions. CBD hemp oil is excluded from the federal Controlled Substances Act and unaffected by adult use or<\/span><a href=\"https:\/\/news.medicalmarijuanainc.com\/\"> <span style=\"font-weight: 400;\">medical marijuana<\/span><\/a><span style=\"font-weight: 400;\"> laws.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Last month, Schroder was<\/span><a href=\"https:\/\/investors.medicalmarijuanainc.com\/medical-marijuana-inc-announces-promotion-vice-president-operations-blake-n-schroeder-esq-chief-operating-officer\/\"> <span style=\"font-weight: 400;\">promoted to MJNA Chief Operating Officer<\/span><\/a><span style=\"font-weight: 400;\"> and will also continue in his dual role as Chief Executive Officer for MJNA subsidiary Kannaway\u00ae, which sells hemp-based botanical products meant for health and wellness. In November, the Company announced its largest-ever revenue month in the history of the company.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">\u201cWe\u2019re hopeful that the Trump administration is just going to continue as promised to let the state\u2019s decide their laws, and we move forward,\u201d Schroeder concluded in the interview.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Watch the entire <\/span><i><span style=\"font-weight: 400;\">CBS 8 News<\/span><\/i><span style=\"font-weight: 400;\"> segment<\/span><a href=\"http:\/\/www.cbs8.com\/clip\/14027060\/legal-marijuana-trump-threatens-californias-buzzing-new-business\"> <span style=\"font-weight: 400;\">HERE<\/span><\/a><span style=\"font-weight: 400;\">.<\/span><\/p>\n<h2><span style=\"font-weight: 400;\">Keep up with the Cannabis Industry<\/span><\/h2>\n<p><span style=\"font-weight: 400;\">Keep up with the latest cannabis industry updates by visiting our<\/span><a href=\"https:\/\/news.medicalmarijuanainc.com\/\"> <span style=\"font-weight: 400;\">news page<\/span><\/a><span style=\"font-weight: 400;\">, or click<\/span><a href=\"https:\/\/medicalmarijuanainc.com\/news\/\"> <span style=\"font-weight: 400;\">HERE<\/span><\/a><span style=\"font-weight: 400;\"> for more on MJNA company news.<\/span><\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>San Diego\u2019s CBS news affiliate station CBS News 8 invited MJNA executive Blake Schroeder to discuss the Justice Department\u2019s new policy on state-legal marijuana. Medical Marijuana, Inc. Chief Operating Officer Blake Schroeder was interviewed by San Diego CBS-affiliate station CBS News 8 last week to share his thoughts on the potential impact of the Donald [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":2182,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[162],"tags":[],"class_list":["post-2181","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-media-coverage"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v20.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>CBS 8 News Interviews Medical Marijuana, Inc.\u2019s COO Blake Schroeder<\/title>\n<meta name=\"description\" content=\"CBS 8 News Interviews Medical Marijuana, Inc.\u2019s COO Blake Schroeder to discuss the Justice Department\u2019s new policy on state-legal marijuana.\" \/>\n<meta name=\"robots\" content=\"noindex, follow\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"CBS 8 News Interviews Medical Marijuana, Inc.\u2019s COO Blake Schroeder\" \/>\n<meta property=\"og:description\" content=\"CBS 8 News Interviews Medical Marijuana, Inc.\u2019s COO Blake Schroeder to discuss the Justice Department\u2019s new policy on state-legal marijuana.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/medicalmarijuanainc.com\/2018\/01\/08\/cbs-news-interviews-medical-marijuana-inc-coo-blake-schroeder-rescinding-cole-memo\/\" \/>\n<meta property=\"og:site_name\" content=\"Medical Marijuana, Inc.\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/MJNAInc\" \/>\n<meta property=\"article:published_time\" content=\"2018-01-08T13:08:17+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/medicalmarijuanainc.com\/wp-content\/uploads\/2018\/01\/mics.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1200\" \/>\n\t<meta property=\"og:image:height\" content=\"500\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"adminTorusBrand\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@mjna_inc\" \/>\n<meta name=\"twitter:site\" content=\"@mjna_inc\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"adminTorusBrand\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/medicalmarijuanainc.com\/2018\/01\/08\/cbs-news-interviews-medical-marijuana-inc-coo-blake-schroeder-rescinding-cole-memo\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/medicalmarijuanainc.com\/2018\/01\/08\/cbs-news-interviews-medical-marijuana-inc-coo-blake-schroeder-rescinding-cole-memo\/\"},\"author\":{\"name\":\"adminTorusBrand\",\"@id\":\"https:\/\/medicalmarijuanainc.com\/#\/schema\/person\/bd5fa0cf1483b68c6bd5c117e3d4242c\"},\"headline\":\"CBS News Interviews Medical Marijuana, Inc. 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