Greg Zeman, Associate Editor of Cannabis Now, explores the chances of a legal weed shortage in California. A breakdown in the approval of dispensary licenses might be to blame.
Zeman explains that California legalization was passed with lots of leeway, but says that strategy is coming back to haunt them. He says regulation is needed throughout every level of the process.
Zeman says San Francisco has not issued one single license, and as a result, there are technically no legal dispensaries in the city. In terms of the next domino to fall, Zeman says "July is the brick wall" for when the entire state could feel the effects of this backlog.
Tesla, the car company run by Elon Musk, reported Wednesday that it sold more vehicles in the past three months after boycotts hit hard earlier this year, but profits still fell sharply. Third-quarter earnings fell to $1.4 billion, from $2.2 billion a year earlier. Excluding charges, per share profit of 50 cents came in below analysts' estimate. Tesla shares fell 3.5% in after-hours trading. Musk said the company's robotaxi service, which is available in Austin, Texas, and San Francisco, will roll out to as many as 10 other metro areas by the end of the year.
Starbucks’ AI barista aims to speed service and improve experience. Nick Lichtenberg, Fortune Business Editor, explains its impact on workers and customers.
As Big Tech reports Q3 earnings, investors await proof that massive AI and cloud investments from Meta, Apple, Microsoft, and Alphabet are driving real growth.
Eric Trump joins us to discuss American Bitcoin’s mission, market strategy, and why he believes the U.S. must lead the next era of digital currency innovation.
