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.
He's known as the "Trump of the Tropics." Brazil's new president, Jair Bolsonaro, may grab headlines for his far-right, populist rhetoric and positions ー he's staunchly anti-gay, anti-abortion, anti-affirmative action, and anti-drug decriminalization ーbut he differs from President Trump in one major respect, which is currently on display at the World Economic Forum in Davos, Switzerland.
Now that Kamala Harris, a freshman Sen. and recent entrant to national politics, has joined the already-crowded 2020 race for president, spectators are eager for clues about her ability to maneuver a high-stakes election. But Sen. Harris has minimal experience on the national stage ー so her track record in California as an Attorney General will be essential evidence to Democratic voters. "Her list of legislative accomplishments is rather thin," said Joe Garofoli, senior political writer at the San Francisco Chronicle.
These are the headlines you Need 2 Know for Wednesday Jan. 23, 2019.
These are the headlines you Need 2 Know for Tuesday, Jan. 22, 2019.
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.
As the government shutdown enters a historic 28th day, one group has emerged as one of the hardest hit by the political conflict: the often-maligned face of airport security, Transportation Security Administration officers. “It’s unfortunate that it had to take something like this for people to respect what we do, but it is what it is right now, unfortunately,” Frank Del Valle told Cheddar.
These are the headlines you Need 2 Know for Friday, Jan. 18, 2019.
Microsoft President Brad Smith called for an end to the government shutdown during an appearance on Cheddar Thursday, saying that the political stalemate in the U.S. is contributing to broader international instability resulting from the ongoing Brexit chaos and weakness in the Chinese economy.
Even as British Prime Minister Theresa May suffered an embarrassing defeat as her Brexit vote was voted down in Parliament, and then only narrowly survived a no-confidence vote, investors remained relatively unrattled. But according to Chris Demetriou, the U.S. CEO at Aberdeen Standard Investments, the mild response to the vote was not a surprise.
These are the headlines you Need 2 Know for Thursday Jan. 17, 2019.
