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.
Wall Street was quiet early following a lackluster session a day earlier as markets await U.S. inflation data and high-profile corporate earnings reports later in the week.
The World Economic Forum says false and misleading information supercharged with cutting-edge artificial intelligence is the top immediate risk to the global economy.
CES 2024 starts this week in Las Vegas. It's set to feature swaths of the latest advances and gadgets across personal tech, transportation, health care, sustainability and more. Here's a list of the coolest announcements so far.
Astronauts will have to wait until next year before flying to the moon and another few years before landing on it. NASA on Tuesday announced the latest round of delays in its Artemis moon-landing program.
The Biden administration has enacted a new labor rule that aims to prevent the misclassification of workers as independent contractors. The labor department rule going into effect Tuesday replaces a scrapped Trump-era standard that lowered the bar for classifying employees as contractors
The KC-46 was to be the ideal candidate for a fixed-price development program. Instead, it has cost Boeing billions, and made industry wary of such deals.
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.
