The cannabis industry is rapidly maturing, attracting more mainstream attention and investment on the back of tremendous political strides in 2020.
But more mainstream capital oftentimes spells less diversity. And in an industry built in the aftermath of punitive cannabis laws that have disproportionately impacted people of color, activists, lawmakers, and even celebrities like Jay-Z are working to build a more equitable cannabis industry from the ground up. Cheddar's cannabis reporter Chloe Aiello has more.
Stocks dipped Friday morning after the yield on the benchmark 10-year Treasury crossed 5% for the first time in 16 years and also following Fed Chair Jerome Powell's remarks on Thursday.
Federal Reserve Chair Jerome Powell said Thursday that inflation remains too high and that bringing it down to the Fed's target level will likely require a slower-growing economy and job market.
