Why California Weed Growers Have a Hard Time With Licensing
It's been almost two months since recreational marijuana became legal in California, but less than 1 percent of growers have the appropriate licenses. Adam Spiker, executive director at Southern California Coalition, breaks down the process and explains the system's intricacies.
For full interview, [click here](https://cheddar.com/videos/adam-spiker-talks-cannabis-regulations-in-california).
Chair Jerome Powell says the Federal Reserve only expects to cut rates once in 2024. But at least, as one economist says, ‘rate hikes are off the table.’
With the Fed likely set to leave rates unchanged, lower and middle income Americans will continue dealing with higher credit card interest and expenses.
Markets soared in May after Nvidia’s Q1 success, but concerns over slowing consumer spending, especially among middle—and lower-income groups, loom large.