Michael Harriot, Columnist at The Root, says that as California rolls out legal recreational marijuana, revenue could be put towards black communities that have been disproportionately impacted by criminalization. For full interview [click here](https://cheddar.com/videos/race-marijuana-and-america).

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Universal Baby Registry Babylist Raises $40 Million Series C
Babylist, an online baby registry for expecting and new parents, recently raised $40 million a Series C round, bringing the company's total funding to $50 million. Babylist also operates as an e-commerce and content platform. The company says it aims to be a one-stop solution for first-time parents who don't know what they need to buy for their new child. Babylist also says it wants to expand to address the needs of the entire family. Babylist founder and CEO Natalie Gordon joins Cheddar News' Closing Bell to discuss.
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