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.
Lenore Hawkins, chief macro strategist at Tematica Research, told Cheddar from Lake Como, Italy, that the local populace seems to be taking the directives to stay indoors seriously.
The Earth's average temperature last year was about 1.1 degrees Celsius higher than pre-industrial levels, second only to the record established in 2016.
Swaths of shale producers, many heavily in debt and still recovering from the price crash of 2015, have posted double-digit drops in stock prices in the past 48 hours, with some companies already announcing rounds of layoffs.
Biden and Vermont Senator Bernie Sanders will go head to head for the 352 delegates promised on what some are calling ‘Super Tuesday 2.0,’ with a focus on the battleground state of Michigan.
These are the headlines you Need 2 Know for Tuesday, March 10, 2020.
Consumer advocate Ralph Nader, whose grandniece was killed in that disaster, said that even once the plane makes it back to the skies, he won't fly in it.
The Dow Jones Industrial Average sank 7.8%, its steepest drop since the financial crisis of 2008, as a free-fall in oil prices and worsening fears of fallout from the spreading coronavirus outbreak seize markets. The sharp drops triggered the first automatic halts in trading in two decades.
Brent crude, the global benchmark for oil and for U.S. gasoline prices, hovered around $36 a barrel after opening Monday at about $33 -- down from $45 a barrel on Friday and nearly $70 in January.
Officials at the World Health Organization said Monday that of about 80,000 people who have been sickened by COVID-19 in China, more than 70 percent have recovered and been discharged from hospitals.
Stocks are falling sharply Monday on Wall Street on a combination of coronavirus fears and plunging oil prices, triggering a brief, automatic halt in trading to let investors catch their breath.
