The California City That's Making It Cheaper To Buy Marijuana

Just six weeks after legalizing recreational marijuana, one California city is slashing its cannabis tax rate. The city of Berkeley is cutting its pot tax from 10% to 5% in an effort to attract and retain businesses in the area. Greg Zeman, Associate Editor at Cannabis Now, explains the significance of Berkeley's decision. The tax cut could push other pot-friendly cities in the area to cut marijuana tax rates as well. In Canada, the timeline for legalizing recreational marijuana is being bumped back by at least a month. The news caused Canadian marijuana stocks to drop.

More In Business

The #1 Skill You Need To Know About A.I.

A.I. Reporter at The Verge, Kylie Robison, joins Cheddar to discuss everything you need to know about artificial intelligence, from Nvidia to Musk and OpenAI.

Stop Worrying About Your Kids. They’re Fine. Just use Life360.

How much is too much when monitoring kids? Life360, now a publicly traded company, is at the center of this surveillance debate.

Looking for a New Job? You'd Better Learn How to Use A.I.

While the job market is stable right now, if you're on the lookout for a new position, you can use technology to your advantage.

We Put Together a Paris Olympics Trip Absolutely NO ONE Can Afford

...but we can dream, right?

Trump Vs. Biden Has Major Repercussions for Crypto

This election will have a big impact on crypto regulation, plus why wider adoption of digital assets could mean a ‘world of hurt’ for big tech.

Texas Supreme Court Rejects Challenge to State’s Abortion Law

Friday's ruling from the court is the latest decision to uphold Texas’ abortion ban, which critics say does not offer enough clarity over exceptions.

Would You Trust A.I. to Manage Your Money?

Northwestern Mutual’s A.I. and money report shows that consumers want their adviser to take advantage of ‘superpowers’ granted by artificial intelligence tools.

CEOs Got Hefty Pay Raises in 2023, Widening The Gap with Workers

The typical compensation package for chief executives who run companies in the S&P 500 jumped nearly 13 percent last year.

Meme Stocks Are Roaring Again. Yes, Again.

GameStop and other meme stocks are roaring once again, surging to dizzying heights suddenly and sharply.

Don’t Get Played by the GameStop Rally, This Analyst Says

While 'meme stocks' like GameStop, AMC, and even Reddit are popping, one expert says he's advising clients to steer clear.

Load More