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).
Conservation experts in Virginia’s capital pulled books, money, ammunition, documents and other artifacts Tuesday from a long-sought-after time capsule found in the remnants of a pedestal that once held a statue of Confederate Gen. Robert E. Lee.
Carlo and Baker discuss the lives of two iconic Americans who rose from nothing to the top of their fields, and more.
Video released Monday shows Los Angeles police firing at a man suspected of assaulting customers last week at a clothing store, a shooting that also killed a 14-year-old girl who had been hiding in a dressing room.
Riot Games, the publisher behind esports giant “League of Legends,” agreed to pay $100 million to settle a class-action lawsuit alleging pay disparity, gender discrimination and sexual harassment.
Carlo and Baker cover the new CDC quarantine guidelines, the prospects of a vax mandate for air travel and more.
In 2019, a truck driver in Colorado crashed into traffic killing several people, and causing a 28 car pile up. Today, the driver, Rogel Lazaro Aguilera-Mederos is serving a sentence of 110 years in prison. The sentence is causing outrage, and supporters of Aguilera-Meredos have started a petition asking colorado's governor to step in. this petition has now reached over 4 million signatures. Karen Nance, criminal defense attorney & former prosecutor, and Megan Schrader, opinion editor, Denver Post join cheddar news to discuss.
New Year celebrations are approaching and across the world there is an urge to party. But the desire to let loose is being countered by the highly transmissible omicron variant.
All the news you missed over the holiday weekend, including calls for the CDC to shorten its isolation window as Omicron sweeps through the country.
For video games, 2021 was about growth and the arrival of new frontiers, like the metaverse and NFTs. But, the sector also struggled with lingering problems that cast a pall over the entire industry, from supply chain constraints to the persistent issue of workplace misconduct.
Small businesses are finding a lifeline for marketing and sales in getting eyeballs on their products and services via TikTok and Instagram. Senior reporter Michelle Castillo reports.
