Colorado Gov. John Hickenlooper Offers His Advice to California
Recreational marijuana is officially legal in California. This makes it the sixth state to go green after Washington, Oregon, Alaska, Nevada, and Colorado. Governor John Hickenlooper (D-CO) shares his lessons from the legalization and regulation of marijuana in his state for California.
Hickenlooper told Cheddar's Baker Machado and Brad Smith one of the biggest lessons he learned was the need to regulate edibles to ensure they are properly packaged to keep marijuana away from children. "California is obviously going to be the biggest player in the legalized recreational marijuana industry. But that shouldn't impact those of us that came first," said Hickenlooper. "They've been very attentive in trying to learn from our mistakes."
More than $200 million dollars in tax revenue will be generated from legal marijuana sales in Colorado in 2017. Hickenlooper says he is using this revenue in his state to address the unintended consequences of marijuana.
President Donald Trump has ordered the U.S. to stop minting pennies. His surprise announcement comes after decades of unsuccessful efforts to phase out the 1-cent coin. Advocates for ditching the penny cite its high production cost and limited utility. Fans of the penny cite its usefulness in charity drives and relative bargain in production costs compared with the nickel. Here's a look at some question surrounding Trump's order.
The Trump administration has ordered the Consumer Financial Protection Bureau to stop nearly all its work, effectively shutting down the agency that was created to protect consumers after the 2008 financial crisis and subprime mortgage-lending scandal. Russell Vought is the newly installed director of the Office of Management and Budget. Vought directed the CFPB in a Saturday night email to stop work on proposed rules, to suspend the effective dates on any rules that were finalized but not yet effective, and to stop investigative work and not begin any new investigations. The agency has been a target of conservatives since President Barack Obama created it following the 2007-2008 financial crisis.
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