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).

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Biden Proposes Canceling Student Loan Interest to Tackle Debt Crisis
The Biden administration has unveiled a plan, Plan B, to address the student loan debt crisis. It offers to cancel up to $20,000 in interest for borrowers enrolled in income-driven repayment plans. This proposal aims to reset balances for those facing growing debt due to unpaid interest, benefiting low—and middle-income borrowers. An estimated 25 million borrowers are eligible for some form of interest forgiveness.
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