Why National Marijuana Legalization Could Rest on California's Shoulders
The world has a new largest legal weed market in California. Cannabis Culture's Jodie Emery joins Cheddar to breakdown how the legalization rollout is going just one day into its implementation. She explains how the state is celebrating and if it's ready for the big change.
Despite all the headlines, California's streets aren't paved with green just yet. Emery explains why legal dispensaries will be slow to pop up around the Golden State. She also considers whether America's new cash crop might be taxed into oblivion.
Finally, the editor-in-chief places California in the context of the national legalization effort. She discusses just how much pressure the state finds itself under as a test case for other states. We look ahead to which other states might be next to follow in California's footsteps.
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Matt Hougan, CIO of Bitwise Asset Management, gives Cheddar the latest on the Securities and Exchange Commission approval of bitcoin ETFs. Hougan calls this time a 'potential major milestone for bitcoin.'
