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.
Unionized Hollywood actors on the verge of a strike have agreed to allow a last-minute intervention from federal mediators but say they doubt a deal will be reached by a negotiation deadline late Wednesday.
Squeezed by painfully high prices for two years, America’s households have gained some much-needed relief with inflation reaching its lowest point since early 2021 — 3% in June compared with a year earlier — thanks in part to easing prices for gasoline, airline fares, used cars and groceries.
A federal judge has handed Microsoft a major victory by declining to block its looming $69 billion takeover of video game company Activision Blizzard. Regulators sought to ax the deal saying it will hurt competition.
Bank of America will reimburse customers more than $100 million and pay $150 million in fines for “double-dipping” on overdraft fees, withholding reward bonuses on credit cards and opening accounts without customer consent.
