Cheddar's CannaBiz explores the latest trends, politics, and market opportunity in this space. Cheddar Anchor's Brad Smith, Hope King and Alyssa Julya Smith speak with legislators and start-up founders in this emerging market.
Berkeley is the first city in the nation to become a sanctuary city for cannabis. Through a city council vote in February the group unanimously voted to prohibit any city agencies to use its resources to assist in enforcing federal marijuana laws. Berkeley Mayor Jesse Arreguín explains how this legislation is impacting his city.
"The state of California is actually looking at potentially becoming a sanctuary state for cannabis," says Arreguín. "I think its important that cities and states take a strong stand for states rights."
Recreational marijuana was legalized for adult use in California this past fall. Berkeley's conservative prediction for marijuana sales tax revenue to come in at about $3 Million.
Medmen is on the forefront of cannabis cultivation and uses all the latest technology to ensure the marijuana plans are up to the highest standard. Alyssa Julya Smith visits an LA grow facility where MedMen's VP of Corporate Communications Daniel Yi explains how the process works.
Marijuana businesses have undergone quite a makeover as more states adopt laws to allow medicinal and recreational use. Support to legalize marijuana is at record highs with 64 percent of Americans in support of legalization according to a Gallup poll. Cannabrand's Founder and CEO Olivia Mannix explains how the perception of this market has evolved.
"It's really amazing to see how far the industry has come, how many businesses there are, and how much revenue the industry has generated. It's incredible," says Mannix.
Cannabrand launched back in January 2014 when adult recreational use for marijuana became legal in Denver, Colorado.
Dave Long, CEO and Co-Founder of Orangetheory Fitness joins Cheddar to chat trends in the industry for 2024. He updates us on the company's plans to expand and what the state of the economy has meant for business.
One of the world's largest renewable energy developers will be getting hundreds of wind turbines from General Electric spinoff GE Vernova as part of a record equipment order and long-term service deal.
A moon landing attempt by a private US company appears doomed because of a fuel leak on the newly launched spacecraft. Astrobotic Technology managed to orient the lander toward the sun Monday so its solar panel could capture sunlight and charge its onboard battery.
Treasury Secretary Janet Yellen has announced that 100,000 businesses have signed up for a new database that collects ownership information intended to help unmask shell company owners. Yellen says the database will send the message that “the United States is not a haven for dirty money.”
A new version of the federal student aid application known as the FAFSA is available for the 2024-2025 school year, but only on a limited basis as the U.S. Department of Education works on a redesign meant to make it easier to apply.
A steep budget deficit caused by plummeting tax revenues and escalating school voucher costs will be in focus Monday as Democratic Gov. Katie Hobbs and the Republican-controlled Arizona Legislature return for a new session at the state Capitol.
The first U.S. lunar lander in more than 50 years is on its way to the moon. The private lander from Astrobotic Technology blasted off Monday from Cape Canaveral, Florida, catching a ride on United Launch Alliance's brand new rocket Vulcan.
Global prices for food commodities like grain and vegetable oil fell last year from record highs in 2022, when Russia’s war in Ukraine, drought and other factors helped worsen hunger worldwide, the U.N. Food and Agriculture Organization said Friday.
Wall Street is drifting higher after reports showed the job market remains solid, but key parts of the economy still don’t look like they’re overheating.
