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).
Travis Clark, senior media reporter at Insider, joined 'Wake Up With Cheddar' to break down the $253 million domestic opening for the new Marvel movie. This also marked the third-largest global opening of all time, earning $587 million worldwide, even though it wasn't released in China, which is a major market for moviegoers.
Never underestimate your friendly neighborhood Spider-Man, even with a mutating virus afoot. Despite rising concerns over the omicron variant, “Spider-Man: No Way Home” not only shattered pandemic-era box office records; it became the third best opening of all time behind “Avengers: Endgame” ($357.1 million) and “Avengers: Infinity War" ($257.7 million).
Carlo's joined by a quarantining Baker to discuss the headlines from the weekend as Omicron spreads like wildfire, Manchin kills Biden's signature bill and Spider-Man throws a lifeline to the box office.
Cheddar has been covering the biggest news of the week with some of the biggest names in the biz. In case you missed it, we've pulled together some of the highlights that will keep you informed as we get ready for the week ahead.
Educators have announced plans to increase security in response to TikTok posts warning of shooting and bomb threats at schools around the country Friday as officials assured parents the viral posts were not considered credible.
Carlo Versano and Baker Machado wrap up another week discussing the latest explosion in new Covid cases in the Northeast, President Biden's stalled agenda and more. Plus, Love, Hate, Ate featuring the question: why did movie dialogue get so hard to understand?
Authorities say at least five people died when a powerful storm system swept across the Great Plains and Midwest, spawning hurricane-force winds and likely tornadoes in Nebraska, Iowa and Minnesota.
