Pot industry feels burned by Obama

The legalization of marijuana in Washington and Colorado has forced the Obama administration to begin treating the nascent industry as a legitimate business. But even as the Justice Department grants tacit approval of the drug and vows to ease the flow of capital to legal sellers, marijuana activists remain skeptical of the federal government.

“I don’t trust that this administration carries out anything that it says,” said Dale Gieringer, director of the California branch of the National Organization for the Reform of Marijuana Laws. “They’re big on words and not on execution. One crosses one’s fingers and hopes they do the best they can, but the record is not perfect.”