Ontario Mulls Proposal to Allow Cannabis Consumption in Hotels
As marijuana tourism flourishes, out-of-town stoners are looking for places to legally light up. Cannabis Culture's Jodie Emery joins Cheddar to discuss Ontario's new proposal to permit marijuana consumption in hotels when the country legalizes cannabis this summer. She explains how the legalization movement is forcing countries to reconsider their tourism policies.
Also, a California Girl Scout sold 300 boxes of cookies outside a marijuana dispensary. Emery reveals how plenty of entrepreneurial types are benefiting from trends in legalization. The San Diego Girl Scout Council is weighing whether the girl broke any rules.
Baker is a new e-commerce platform being rolled out to dispensaries to improve their business logistics. Emery explains what products like this mean for the proliferation of the marijuana business services industry. The API has 25 integrations to allow for better point-of-sale systems.
The U.S. Department of Agriculture is proposing a new rule to narrow what products qualify for a "Product of USA” or “Made in the USA” label. Now only meat, poultry and egg products from animals "born, raised, slaughtered, and processed in the United States" will make the grade.
The Biden administration sued to block JetBlue Airways' $3.8 billion purchase of Spirit Airlines, saying Tuesday that the deal would reduce competition and drive up air fares for consumers.
Federal Reserve Chair Jerome Powell will hint that the central bank could increase the pace of interest rate hikes if data indicate price pressures continuing.
Stocks sank on Wall Street after the head of the Federal Reserve warned it could speed up its economy-rattling hikes to interest rates if pressure stays high on inflation.
If measures of the U.S. economy keep coming in hot, as they did in January, the Federal Reserve will likely have to raise interest rates even higher than it has already signaled — and keep them there longer — Chair Jerome Powell will likely warn in testimony to Congress on Tuesday.