Attorney General Jeff Sessions issued a memo rolling back the Obama-era rule that allowed the recreational marijuana industry to flourish. That policy kept feds from cracking down on pot trade in states where it's legal. Cannabis Now's Associate Editor Greg Zeman and The Hill Correspondent Reid Wilson explains how companies in the marijuana market are responding.
"They are concerned about their own future," said Wilson. "It's injected a lot of uncertainty into a market that was poised to double by the end of the decade."
Earlier this week recreational marijuana became legal in the state of California. "The notion that we lost some kind of lynchpin from legalization is somewhat overstated," said Zeman on Sessions memo.
Voters in all five states with cannabis-related initiatives on the ballot approved those measures by wide margins, representing a clean sweep for the industry — and significant upside for the U.S.-focused cannabis companies.
President-elect Joe Biden is cheering news about the promising development of a coronavirus vaccine, but cautioned Americans need to be aggressive about mask wearing and social distancing as infections continue to surge around the country.
President-elect Joe Biden on Monday named the members of a team of public health and science experts to develop a blueprint for fighting the coronavirus.
President-elect Joe Biden and Vice President-elect Kamala Harris made their victory speeches Saturday night.
Democrat Joe Biden defeated President Donald Trump to become the 46th president of the United States on Saturday, positioning himself to lead a nation gripped by historic pandemic and a confluence of economic and social turmoil.
Kamala Harris made history Saturday as the first Black woman elected as vice president of the United States, shattering barriers that have kept men — almost all of them white — entrenched at the highest levels of American politics for more than two centuries.
Democrat Joe Biden has overtaken President Donald Trump in Pennsylvania and Georgia. That puts Biden on the cusp of winning the presidency since the election hinges on the outcome of tight contests in those battleground states.
The outcome of contests in Georgia, North Carolina, Pennsylvania, and Nevada will determine whether Democrat Joe Biden or President Donald Trump wins.
Former Missouri Secretary of State, Robin Carnahan, joined Cheddar to discuss the 'Count Every Vote' initiative that was started by the National Council on Election Integrity. Carnahan also talks about the record vote-by-mail numbers this year.
From Wall Street to Silicon Valley, these are the top stories that moved markets and had investors, business leaders, and entrepreneurs talking this week on Cheddar.
