How the Golden State Going Green Might Impact Others
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).
Another incredibly deadly weekend with more gun violence breaking out across the U.S. and UK Prime Minister Boris Johnson faces a confidence vote today. Here is everything you Need2Know for Monday, June 6, 2022.
U.S. stocks closed Friday's session near session to cap off the week in the red. The disappointing end to the day and week follows a lukewarm May jobs report from the Labor Department and comes as investors continue to eye future rate hikes from the Federal Reserve. Callie Cox, U.S. Investment Analyst for eToro, joins Cheddar News' Closing Bell to discuss.
Gabrielle Bernstein, author of 'Happy Days: The Guided Path from Trauma to Profound Freedom and Inner Peace,' joins Cheddar News to discuss her new book.
Cheddar's Azia Celestino sits down with Katori Hall, creator of 'P-Valley,' to talk all about her journey creating the Starz series and what viewers can expect in season two.
Cheddar's Azia Celestino sits down with actors J. Alphonse Nicholson and Shannon Thornton to talk all about the new season of the Starz drama 'P-Valley.'
Cheddar's Azia Celestino sits down with actors Brandee Evans and Nicco Annan from the popular Starz series 'P-Valley' to talk all about the new season and their characters.
Akbar Hamid, co-founder of People of Crypto Lab, joins Cheddar News to discuss how the company is bridging culture and crypto with new metaverse hub, 'Valley of Belonging.'
We take a look back at the amazing Asian American and Pacific Islanders who joined Cheddar News as they reflect on what AAPI Heritage Month means to them. Plus, Filipino-American entrepreneur Jelynn Malone talks all about Mostra Coffee and what makes it different.
Career opportunity platform Guild raised $175 million in a Series F round led by Wellington Management. Global media icon Oprah Winfrey also participated in the round, which comes just months after Guild was named one of Time's most influential companies. Guild partners with employers to help them offer education opportunities to their employees. Customers include some of the biggest companies in the world, including Walmart, Pepsi, and Disney. The startup's funding comes amid a historically tight labor market, with demand for workers remaining strong across the country. Rachel Romer Carlson, Co-Founder and CEO of Guild, joins Cheddar News' Closing Bell to discuss.
