Colorado Governor John Hickenlooper has some advice for California after recreational marijuana became legal in the Golden State.
He told Cheddar that his state faced issues with packaging and making sure children did not have access to marijuana.
“The things we had challenges with were the edibles. We needed to create legislation to make sure that they were put in tamper-proof containers, just like the medicine you might get at the pharmacy,” he said. “We had kids into it, and we were worried about child, teenage consumption going up, which really hasn’t happened to any significant degree.”
What has happened, though, is an influx of tax revenue. Since going live four years ago, Colorado has earned more than half a billion dollars from these businesses. Hickenlooper says the state allocated those funds towards things such as education and focuses on advertising against weed consumption among teens.
“While your brain is rapidly growing, this high THC marijuana is a bad idea,” he said. “I think California is going to try to do it, to a large extent, the same.”
California is the largest market for cannabis in North America and is expected to rake in more than a billion dollars in tax revenue from legal pot in the next year alone.
For the full interview [click here](https://cheddar.com/videos/colorado-gov-john-hickenlooper-offers-his-advice-to-california).
The White House budget office says mass firings of federal workers have started in an attempt to exert more pressure on Democratic lawmakers as the government shutdown continues.
President Donald Trump says “there seems to be no reason” to meet with Chinese leader Xi Jinping as part of an upcoming trip to South Korea after China restricted exports of rare earths needed for American industry. The Republican president suggested Friday he was looking at a “massive increase” of import taxes on Chinese products in response to Xi’s moves. Trump says one of the policies the U.S. is calculating is "a massive increase of Tariffs on Chinese products coming into the United States." A monthslong calm on Wall Street was shattered, with U.S. stocks falling on the news. The Chinese Embassy in Washington hasn't responded to an Associated Press request for comment.
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From Wall Street trading floors to the Federal Reserve to economists sipping coffee in their home offices, the first Friday morning of the month typically brings a quiet hush around 8:30 a.m. eastern, as everyone awaits the Labor Department’s monthly jobs report.
The Supreme Court is allowing Lisa Cook to remain as a Federal Reserve governor for now.
Rep. John Moolenaar has requested an urgent briefing from the White House after Trump supported a deal giving Americans a majority stake in TikTok.
