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A sample of cannabis appears on display at Shango Premium Cannabis dispensary in Portland, Ore.
Don Ryan—AP

The U.S. Justice Department announced Thursday that Native American tribes would be allowed to grow and sell marijuana on their sovereign territories if they abide by the federal statutes laid out for the respective states that have already legalized the drug.

Analysts say the ruling could provide a financial bonanza for the 556 federally recognized tribes across the U.S., according to the Associated Press.

“If tribes can balance all the potential social issues, it could be a really huge opportunity,” Seattle attorney Anthony Broadman told the AP.


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