MedMen CEO Talks Marijuana Legalization in California

Starting at midnight on January 1, recreational marijuana became legal in California. Cannabis for medicinal purposes has been legal for more than two decades, but this legislation signals a change for the industry. Alyssa Julya Smith caught up with MedMen Dispensary's CMO BJ Carretta to discuss the economic impact as well as where some of the tax dollars will go for an industry poised to make $7 billion in the coming years. Carretta talks about destigmatizing the practice of cannabis use and how that will help grow the industry to one of the biggest in the Golden State. He also says marijuana taxes will be as high as 35%, and the state is still figuring out what will be done with the tax money made off of the sales.

More In Culture

Inside Kentucky's Booming $9 Billion Bourbon Economy

Managing Director of Maker's Mark, Rob Samuels, talks 25 years of Kentucky's famous Bourbon Trail and their contributions to the future of bourbon.

‘Wicked’ and ‘Gladiator’ make Gravity-Defying Theater Debuts

“Wicked” and “Gladiator II” have debuted in theaters with a combined $270 million in ticket sales.

The Last Meatpacker in New York’s Meatpacking District Readies To Go

The last meatpackers in New York's Meatpacking District have agreed to end their leases early and make way for development on their city-owned lot.

Danny Trejo is Unearthing Mysteries with the History Channel

Danny Trejo joined Cheddar to discuss his upcoming show "Mysteries Unearthed" coming to the History Channel and his most recent entrepreneurial ventures.

Costco Just Recalled 80,000 Pounds of Butter for a Surprising Reason

The retailer announced a voluntary recall of almost 80,000 pounds of butter due to its packaging not having the phrase “Contains Milk.”

Mattel ‘Deeply’ Regrets Misprint on ‘Wicked’ Dolls Linking Adult Site

Toy giant Mattel says it “deeply” regrets an error on the packaging of its “Wicked” movie-themed dolls, which mistakenly links toy buyers to an adult site.

Many Retailers Offer ‘Returnless Refunds’ Without Talking About Them

It’s one of the most under-publicized policies of some of the biggest U.S. retailers: they give customers full refunds and let them keep the stuff.

British Chef Urges Followers to Help Solve the ‘Grate Cheese Robbery’

British chef Jamie Oliver is on the case of the stolen cheddar.

Disneyland’s Iconic It’s a Small World Ride Is Closing for Months

Disneyland announced that one of its long-standing fan-favorite rides will undergo two lengthy closures in the coming months.

Rapper Common Partners with T-Mobile to Bridge the Digital Divide

PLUS: The Oscar, Grammy, and Emmy winner shares the lyric that inspired him most.

Load More