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).
Students in the Chicago Public School system will head back to class tomorrow at long last. The move comes after four days of canceled classes due to clashes between teachers and the city, including Chicago Mayor Laurie Lightfoot. National Educational Reporter at USA Today, Richard Erin, joined Cheddar to discuss more.
Sixteen of the country's most prestigious universities have been hit with a lawsuit claiming those schools illegally conspired to eliminate competitive financial aid offers for students. Just some of the schools mentioned include Yale, Brown, Columbia, UPenn, and Cornell. Author of "Who Gets In and Why" and Professor of practice at Arizona State University, Jeff Selingo, joined Cheddar to discuss more.
Navient, a major student loan collecting company, agreed to cancel $1.7 billion in debt owed by more than 66,000 borrowers across the U.S. and pay over $140 million in other penalties to settle allegations of abusive lending practices.
The recently expired child tax credit helped a wide swathe of families throughout the U.S. Megan Pratz looks into the impact the payments had, and how the end of the program will have a drastic effect on families that could still use the help with child care.
Supreme Court Scraps most of Biden's vaccine mandate 2021 was hot, hot , hot, and it's time for salad dressing-makers to go crazy. Here is all the news you Need2Know for Friday, January 14, 2022.
Buckingham Palace says that Prince Andrew’s honorary military titles and royal patronages have been returned to Queen Elizabeth II with her “approval and agreement.”
Everything is so expensive, the weather is too darn cold, and a major leaguer pinch hits for teachers. Here is all the news you Need2Know for Thursday, January 13, 2022.
COVID-19 continues to impact the world of sports, and most significantly, the NHL. The world's premier hockey league has postponed a total of 104 games so far this season, and a spike in omicron infections has led to a surge in postponements in recent weeks. This comes after the NHL went dark for six days in December because of a COVID-19 outbreak, and after the league decided not to have its players participate in the 2022 Beijing Olympics so it can use the time to reschedule postponed games. Yahoo Sports NHL reporter Justin Cuthbert joined Cheddar News' Closing Bell to discuss.
A land mine-detecting rat in Cambodia who received a prestigious award for his life-saving duty has died in retirement. APOPO, a Belgium-headquartered non-profit group, says the African giant pouched rat passed away last weekend.
