World Perspectives

Ag Implications of Legalizing Marijuana

Attorney General Jeff Sessions released a memo in January (see Ag Perspectives, 5 January) rescinding the so-called Cole memo, issued by Obama administration Deputy Attorney General James Cole in 2013, and four other Obama-era directives dating back to 2009 that set guidelines of noninterference/non-enforcement federal law within states where marijuana and cannabis were legal. At the time, Sessions pointed out that it was part of the Trump administration’s approach to forcing Obama regulations to be handled legislatively. It may have worked to do just that since Senate Minority Leader Charles Schumer (D-New York) affirmed yesterday that he would be proposing legislation to decriminalize marijuana at the federal level. Legalizing mari...

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From WPI Consulting

Infrastructure investment due diligence

On behalf of a Canadian oilseed processer WPI's team provided market analysis, econometric modeling and financial due diligence in support of a $24 million-dollar investment in a Ukrainian crush plant. Consistent with WPI's findings, local production to supply the plant and the facility's output have expanded exponentially since the investment. WPI has conducted parallel work on behalf of U.S., South American and European clients, both private and public, in the agri-food space.

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