Even with California, the sixth biggest economy in the world, legalizing pot, incongruities in state and federal law hinder growth in the marijuana market.
That’s according to Paul Armentano, Deputy Director of the National Organization for the Reform of Marijuana Laws (NORML).
“Californians, like most Americans, believe that it’s preferable to have the commercial marijuana market governed by licensed businesses, rather than by cartels and drug dealers,” Armentano said.
“But unfortunately these businesses, even when they are state compliant and locally compliant, largely cannot act in a transparent manner, because they do not have access to banking. They can’t run credit cards, and we see little accountability or transparency because of this conflict with the federal government.”
But there might be some progress. Legalizing marijuana on a federal level has gained bipartisan support in Congress, with Representatives Tom Garrett (R-VA) and Tulsi Gabbard (D-HI) introducing a bill last March calling for an end to marijuana prohibition on the federal level.
The “Ending Federal Marijuana Prohibition Act of 2017” would put legislative power in the hands of states and remove cannabis as a Schedule I drug. Knowingly taking marijuana to a state where it’s prohibited, though, would still be subject to criminal penalties.
For full interview [click here](https://cheddar.com/videos/weed-across-america-federal-vs-state-laws).
The New York Times and President Donald Trump are fighting again. The news outlet said Wednesday it won't be deterred by Trump's “false and inflammatory language” from writing about the 79-year-old president's health. The Times has done a handful of stories on that topic recently, including an opinion column that said Trump is “starting to give President Joe Biden vibes.” In a Truth Social post, Trump said it might be treasonous for outlets like the Times to do “FAKE” reports about his health and "we should do something about it.” The Republican president already has a pending lawsuit against the newspaper for its past reports on his finances.
President Donald Trump says he will allow Nvidia to sell its H200 computer chip used in the development of artificial intelligence to “approved customers” in China. Trump said Monday on his social media site that he had informed China’s leader Xi Jinping and “President Xi responded positively!” There had been concerns about allowing advanced computer chips into China as it could help them to compete against the U.S. in building out AI capabilities. But there has also been a desire to develop the AI ecosystem with American companies such as chipmaker Nvidia.
House Republicans in key battleground districts are working to contain the political fallout expected when thousands of their constituents face higher bills for health insurance coverage obtained through the Affordable Care Act. For a critical sliver of the GOP majority, the impending expiration of the enhanced premium tax credits after Dec. 31 could be a major political liability as they potentially face midterm headwinds in a 2026 election critical to President Donald Trump’s agenda. For Democrats, the party’s strategy for capturing the House majority revolves around pinning higher bills for groceries, health insurance and utilities on Republicans.
President Donald Trump says a deal struck by Netflix last week to buy Warner Bros. Discovery “could be a problem” because of the size of the combined market share. The Republican president says he will be involved in the decision about whether federal regulators should approve the deal. Trump commented Sunday when he was asked about the deal as he walked the red carpet at the Kennedy Center Honors. The $72 billion deal would bring together two of the biggest players in television and film and potentially reshape the entertainment industry.
The two-sentence footnote raised serious concerns about accuracy and credibility.
Real estate software company RealPage has agreed to stop sharing nonpublic information between landlords as part of a settlement with the Department of Justice.
