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.
The market for hemp-derived CBD is expected to hit $5.1 billion in 2019 and $23.7 billion by 2023, according to new research from CBD and cannabis-focused market research firm, Brightfield Group. Despite bullish projections from researchers, enthusiasm from the industry, and curiosity from consumers, however, legislation at the federal and local levels isn’t keeping pace.
In a ceremony that strained credulity, President Donald Trump touted his administration's environmental protection initiatives in a speech on Monday.
Female candidates must navigate the question of "electability," a double-standard for political campaigns according to Amanda Litman, former Hillary Clinton staffer and executive director of the political action committee, Run for Something.
New York Gov. Andrew Cuomo signed a bill into law on Monday that will allow Democratic lawmakers in Washington access to the president’s highly sought after state tax returns.
These are the headlines you Need 2 Know for Monday, June 8, 2019.
The UK's Competition and Markets Authority, a government department charged with ensuring business competition, ordered Amazon to pause its investment in Deliveroo, a widely-popular British restaurant delivery service.
The Trump administration will continue its efforts to include a citizenship question on the 2020 census, Justice Department lawyers said Friday. The government told a federal judge in Maryland that it will pursue further litigation but did not provide details on its rationale or legal strategy.
These are the headlines you Need 2 Know for Friday, July 5, 2019.
President Donald Trump’s Fourth of July celebration in Washington, D.C. this year has been heavily criticized, with opponents objecting to what they view as gauche militarism and slamming the White House for politicizing the nation’s birthday.
These are the headlines you Need 2 Know for Wednesday, July 3, 2019.
