We're just a few days away from a rapid shift in the way the cannabis industry operates in California. Starting January 1st, businesses will be allowed to start selling recreational weed. Greg Zeman, Associate Editor at Cannabis Now, was with us to discuss the legal and financial implications of the new law.
California is the 6th largest economy on Earth and could have a big influence on the perception of marijuana by the rest of the nation. This is the real test for the cannabis industry in the U.S., and other states will be taking notes, says Zeman. He adds that the new regulations will impact issues in the space such as potency of products and what hours dispensaries can operate.
Blockchain has been one of the biggest buzzwords in business over the past few months as the Bitcoin craze continues. The idea has been floated to track marijuana sales via blockchain technology. Zeman thinks this would be great for the industry, because we'd be able to see the where sales came from and who owns the product. He adds that being able to track marijuana sales is very important in a market where the authenticity of the product is crucial.
NerdWallet Senior Economist Liz Renter shares what she's tracking in economic data, with a focus on U.S. household debt and rising credit card balances. Watch!
At some 940-pages, the legislation is a sprawling collection of tax breaks, spending cuts and other Republican priorities, including new money for national defense and deportations.
Chris Versace, CIO at Tematica Research, joins to discuss earnings season trends, Flash PMI signals, Walmart’s strategy updates, and Nike’s evolving outlook.
Andrew Nusca, Editorial Director at Fortune, dives into WhatsApp’s first-ever ads rollout —and how Meta’s ad push intensifies its showdown with OpenAI.
Ben Geman, Energy Reporter at Axios, joins to discuss the latest Middle East tensions, Brent crude price swings, and why gas prices aren’t falling with oil.
Al Root, Associate Editor at Barron's, joins to discuss Tesla’s robotaxis going live in Texas—what it means for autonomy, safety, and the EV race ahead.
