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.
President Donald Trump on Thursday broke convention when his holiday call to troops took an unusually political turn. On his call with a general stationed in Afghanistan ー and during the questions with reporters that followed ーTrump made controversial comments on the courts, trade, and the caravan of migrants heading toward the border between the U.S. and Mexico. "This is a highly politicized environment, especially with President Trump ー that's his style," Nick Givas, a reporter at the Daily Caller, told Cheddar on Friday.
As Americans hit the road in record numbers this holiday, low gas prices are poised to act as a boon for consumer spending. Drivers are already saving $100 million a day at the pump over just last month, according to GasBuddy.
These are the headlines you Need 2 Know for Wednesday, Nov. 21, 2018.
As Canada battles a nationwide marijuana shortage, Massachusetts dispensaries opened to recreational users on Tuesday. Regulatory bottlenecks and unforeseen demand have caused disruptions in Canada's marijuana supply ー but don't expect the trouble to cease next year. Khurram Malik, CEO of cannabis supplier Biome Grow, said he anticipates disorder in Canadian cannabis well into 2019.
With news that the White House Correspondents' Dinner will break a long-standing tradition by replacing a comedian host with a historian, Jon Levine, media editor at The Wrap, discusses whether the event should even exist anymore.
What role exactly does Facebook play in society? Does it do more good than harm ー or more harm than good? Is it too big to control? Existential questions like these are beginning to circulate as the world's largest social network finds itself embroiled in yet another state of crisis.
Apple talks a big game on customer privacy -- but that hasn't stopped it from making billions through its partnership with ad-based search engine Google. In an interview with Axios on Sunday, Apple ($AAPL) CEO Tim Cook defended his company's relationship with the world's leading search engine, and discussed the potential for regulation in tech, which he considers inevitable.
These are the headlines you Need 2 Know for Tuesday, Nov. 20, 2018.
Tubi Daily News Powered By Cheddar for the Afternoon of 11/19/18
The clamor to impeach President Trump has increased in volume since Democrats won back the U.S. House of Representatives earlier this month ー and one member of the chorus is former Congresswoman Elizabeth Holtzman, who said the president's term recalls another dark period in American political history.
