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.
Florida Rep. Matt Gaetz, a conservative Republican congressman, is championing a medical cannabis research act, signaling the bipartisan shift in attitudes toward medical marijuana.
Apple appears to have dodged a bullet with the latest round of tariffs on Chinese imports. But if the trade war continues, the risks to the company get more serious, said Tom Forte, senior research analyst at D.A. Davidson. Apple currently gets 20 percent of its revenue from China
Gov. John Hickenlooper (D-CO) said the political action committee will help him "evaluate" the presidential landscape. The moderate Democrat is perhaps best known for overseeing Colorado's creation of a full-fledged cannabis economy.
Judge Brett Kavanaugh's confirmation to the Supreme Court is now more like a "jump shot in traffic," said Philip Wegmann of the Washington Examiner. Kavanaugh's nomination was put on hold following accusations of sexual assault by Christine Blasey Ford when they were both teenagers. Ford and Kavanaugh will testify at a Senate hearing next Monday, delaying the confirmation vote originally scheduled for this week and putting his place on the top court it peril less than two months before the midterm elections.
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China retaliated to the latest round of tariffs announced by the Trump administration, announcing import taxes on $60 billion in U.S. goods. That came after the White House said it would impose tariffs on $200 billion of Chinese goods, though many of Apple's products will be exempt.
Kate Shaw, professor at Cardozo School of Law, breaks down the similarities between the current accusations against Supreme Court nominee Brett Kavanaugh and the accusations from Anita Hill in 1991 against Supreme Court Justice Clarence Thomas -- the latter largely considered to have been the basis for how workplace harassment is thought of today.
A new bill in New Jersey, if passed through the state legislature, would immediately release anyone in jail for non-violent marijuana crimes and expunge their records. Jake Hudnut, chief prosecutor for Jersey City, calls it the most progressive social justice bill in the nation.
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Former Trump campaign chairman Paul Manafort pleaded guilty to reduced charges Friday morning and agreed to cooperate with Robert Mueller's investigation.
