The Latest Breaking News on US Politics

White House says the case was ‘a prime example of excessive prosecution’

There have been some signals over the last several months that President Donald Trump may be considering a more permissive stance on cannabis. This potential for change at the federal level, dubbed "the Trump effect," has produced new levels of optimism among cannabis investors, CNBC reports.

"I think this is exactly what everyone needed especially after Tuesday last week."

The U.S. Senate passed a bipartisan deal that would clear the way to reopen the government through January 30 after weeks of political stalemate that left nearly 700,000 federal employees without pay and disrupted essential services throughout the country. The decision, which now goes to the House, ignited a modest…