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).
Dozens of prospective Central Michigan University students who were mistakenly told they had won full-ride scholarships that include room and board have received an apology from the school — and offers of the equivalent of full-tuition scholarships.
Supreme Court Justice Stephen Breyer is retiring, SpaceX sends a rocket to the moon too soon, and George Jetson is about to be born. Here is all the news you Need2Know for Thursday, January 27, 2022.
Heirs of Pablo Picasso, the famed 20th-century Spanish artist, are vaulting into 21st-century commerce by selling 1,010 digital art pieces of one of his ceramic works that has never before been seen publicly.
A conservation group is turning over a historic redwood grove on the Northern California coast to descendants of the original Native American inhabitants.
Pfizer is looking for volunteers to test its new omicron vaccine, the first gun insurance requirement in the U.S., and the James Webb telescope arrives at its new home. Here is all the news you Need2Know for Wednesday, January 26, 2022.
Arguably the biggest challenge to the rise of electric vehicles is their outsized demand for rare earth minerals. Cheddar's Alex Vuocolo does a deep dive into the struggle over securing supply chains for a green tech future.
New research suggests giving extra cash to low-income mothers can change their infants’ brain development.
The administrators of the SAT say the exam will move from paper and pencil to a digital format.
Wall Street's wild swings, Ford can't keep up, and it's Neil Young versus Joe Rogan over COVID vaccine infor. Here is all the news you Need2Know for Tuesday, January 25, 2022.
A woman has taken command of the U.S.S. Constitution for the first time in its 224-year history. Cmdr. Billie J. Farrell on Friday became the 77th commanding officer of the warship that earned the nickname Old Ironsides.
