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.
Stocks are headed lower in afternoon trading on Wall Street after erasing earlier gains, as investors close out a brutal first quarter.
A city of about 150,000 just in northern Los Angeles County is preparing for the spread of the novel coronavirus by teaming up with the local aerospace companies to create ventilator substitutes and preparing an ordinance that would require wearing masks, according to Mayor R. Rex Parris.
The former CEO of CKE Restaurants, the parent company of Hardee's and Carl's Jr., says some restaurants simply won't survive the coronavirus outbreak.
The president took to Twitter last Friday and unleashed a furious series of attacks at GM and its chairman and CEO, Mary Barra, leaving company executives, officials inside the White House, and employees at a nonprofit who had helped broker the partnership between GM and Ventec flabbergasted.
Gov. Gavin Newsom said he hopes the new Health Corps will increase the number of healthcare workers by thousands as the state prepares for an overwhelmed healthcare system.
California Rep. Ami Bera wants to see more federal control over things like purchasing and stockpiling medical supplies to meet the needs of the coronavirus pandemic.
Stocks are pushing higher on Wall Street, led by big gains for health care companies announcing developments that could aid in the coronavirus outbreak.
While expressing gratitude for federal support the state has received, Cuomo stressed that the city is not an "anomaly" but rather a "canary in the coal mine" for what the rest of the state and country will soon experience.
Rep. Debbie Dingell of Michigan sounded alarm as her state recorded the fourth highest number of coronavirus cases in the country.
Mike Leavitt, the former HHS Secretary under President George W. Bush, gave a word of support to the current health secretary regarding his response to the coronavirus pandemic.
