Will cigarette makers jump into pot market?
Preparing a joint. File photo.
Image by: MICHAEL KOOREN / REUTERS
Image by: MICHAEL KOOREN / REUTERS
The states of Washington and Colorado legalized possession of small amounts of marijuana in the November elections, but it is unclear if any cigarette makers plan to supply either market.
Marijuana remains illegal under federal law. President Barack Obama indicated last week that going after individual users won't be a priority. But there's no firm indication yet what action the Justice Department might take against states or businesses that participate in the nascent pot market.
Bryan Hatchell, a spokesman for the second-largest cigarette maker, Reynolds American Inc., maker of Camel and Pall Mall, said his company has no plans to produce or market marijuana products in Washington or Colorado.
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