More states will go green if California brings in as much marijuana-related taxes as expected, according to one industry expert.
“You can see...the domino effect begin to happen,” said BJ Carretta, chief marketing officer at weed dispensary MedMen. “It can go to schools, it can go to roads, it can go to bridges, which is only better for the community.”
California has the largest population in the U.S., and it’s the sixth largest economy in the world. Analysts expect the state to rake in about $1 billion dollars in tax revenue now that recreational weed is legal in the state.
But the roll-out hasn’t happened without a hitch. The Central Valley and Fresno areas are largely banning pot businesses, according to California’s Bureau of Cannabis Control, which issued more than 400 licenses leading up to the launch. And Los Angeles and San Francisco haven’t ironed out licensing issues with the state, but the agency expects to start issuing licenses in both cities next week.
For full interview [click here](https://cheddar.com/videos/medmen-ceo-talks-marijuana-legalization-in-california).
On this episode of ChedHER: Ooshma Garg, CEO of Gobble and Sunbasket, breaks down how she found her entrepreneurial spirit, and gives advice for successfully scaling and growing a business; Chastity Lord, President and CEO of the Jeremiah Program, explains how she's disrupting the poverty cycle for single moms and their children; Dina Grilo, Vice President, DEI Lead for Office of Disability Inclusion at JPMorgan Chase & Co., explains how the firm is encouraging women with disabilities to seek office; Jess Berger, Founder and CEO of Bundle x Joy, talks about her $1 million seed raise that made her the first Latina in the pet care space to raise that amount.
Lawyers for Prince Harry have asked a judge to rule that a tabloid newspaper libeled the British royal with an article about his quest for police protection when he and his family visit the U.K.
The top entertainment headlines for March 17, 2023.
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A 16-year-old singer, Faith Cochrane, landed the lead role in "Mama I Want to Sing" for the musical's 40th-anniversary return to the stage.
The French Bulldog is the most popular breed in the country, according to data by the American Kennel Club.
Pete Davidson's Peacock series "Bupkis" is set to premiere in May and includes Joe Pesci and Edie Falco.
Cheddar recs "Power Book II: Ghost," "Theo Von: Regular People," "Creed II," "I Think You Should Leave," and "In Our Time" podcast.
The top entertainment headlines for March 16, 2023.
T-Mobile has entered into an agreement to acquire the parent company of Mint Mobile, a direct-to-consumer prepaid wireless company partially owned by actor Ryan Reynolds.
