A New York family will go to court Wednesday to challenge the federal government, arguing that cannabis shouldn't be a Schedule 1 drug. Amanda Ostrowitz, co-founder and CEO of CannaRegs, says the case might not change the laws For full interview [click here](https://cheddar.com/videos/how-cannaregs-is-capitalizing-on-cannabis).
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Universal Music and AI song generator Udio partner on new AI platform
Universal Music Group and AI platform Udio have settled a copyright lawsuit and will collaborate on a new music creation and streaming platform. The companies announced on Wednesday that they reached a compensatory legal settlement and new licensing agreements. These agreements aim to provide more revenue opportunities for Universal's artists and songwriters. The rise of AI song generation tools like Udio has disrupted the music streaming industry, leading to accusations from record labels. This deal marks the first since Universal and others sued Udio and Suno last year. Financial terms of the settlement weren't disclosed.
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