New York State Challenges the White House's Stance on Legal Cannabis

Marijuana advocates are awaiting a federal judge's decision on its challenge against federal marijuana laws. Five plaintiffs filed a lawsuit against the DEA and Attorney General Jeff Sessions. It challenges the listing of marijuana as a schedule I drug, which classifies the drug as having no medical use and it cannot be legally prescribed. Jose Belen, U.S. Army combat veteran and one of the plaintiffs on this case, and attorney Joseph Bondy explain why they were inspired to fight for this cause.

Harvest Health and Recreation's $850 million acquisition of Verano Holdings made Harvest the largest publicly traded marijuana operator in the United States. Steve White, Harvest Health CEO and George Archos, CEO of Verano Holdings, joined Cheddar to discuss.

For the first time in his 45 years in the cannabis industry, Steve DeAngelo is feeling pretty darn carefree. But as the co-founder of one of California's largest dispensaries, he has a word of warning for states looking to legalize: watch your taxes.