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Jeenah Moon | Bloomberg | Getty ImagesThis week, the Department of Health and Human Services asked the Drug Enforcement Agency to consider easing restrictions on marijuana upon a review of its classification under the Controlled Substances Act. It could be a significant catalyst for an industry hemmed in by federal regulations even as legalization picks up on the state level. Marijuana is legal in 39 states medically and 23 states recreationally. If marijuana moves down to a Schedule III substance, this will effectively ease a number of restrictions holding the sector back. While many states have legal markets within their borders, transporting Schedule I substances across state lines in illegal, resulting in a glut of marijuana in some states.
Persons: What's, Roth, Scott Fortune, Fortune, Jeff Schultz, Foley Hoag Organizations: ACB, Housing, Cannabis Co, Bloomberg, Getty, Department of Health, Human Services, Drug Enforcement Agency, Aurora, Tilray Brands, DEA, Marijuana, HHS, Regulators, Internal Revenue Locations: New York
[1/2] A participant applies rainbow coloured facepaint before a 5.17 km run to mark International Day Against Homophobia in a park in Beijing, China, May 17, 2018. Thirteen diplomats from nine Western and Asian delegations said that the challenges they face when arranging events about gender equality and LGBT issues, or broader cultural activities, showed how China's red lines have shifted. Some recent Chinese actions around foreign missions drew widespread attention, including a warning from authorities aimed at embassies displaying Ukraine flags. Three diplomats told Reuters the incident had made them more careful about meeting with civil society figures. "A case could be made that the intentional disruption of embassy activities violates one or the other of these provisions, if not both," he said.
Persons: Thomas Peter, Xi, Guy Saint, Jacques, Peter Stano, Yaqiu Wang, Wang, Yu Wensheng, Xu Yan, Joseph Klingler, Foley Hoag, Laurie Chen, Yew Lun Tian, Brenda Goh, Engen Tham, David Crawshaw Organizations: REUTERS, Reuters, China's Foreign Ministry, Vienna Convention, Diplomatic Relations, of Public Security, Europe, UNESCO, United Nations, Coordinator's, Beijing LGBT Center, Human Rights Watch, Police, European Union, EU, Thomson Locations: Beijing, China, BEIJING, SHANGHAI, Canada, Vienna, Ukraine, Western, Joseph Klingler , Washington, Shanghai
U.S. Forced Labor Crackdown Is Tough, But Opaque
  + stars: | 2023-02-16 | by ( Richard Vanderford | ) www.wsj.com   time to read: +7 min
The U.S. has mounted an aggressive crackdown on imports over concerns about Chinese forced labor, but the campaign is an opaque one, with little detailed data on which companies or sectors are being targeted. January alone saw 282 shipments stopped over forced labor concerns, according to Customs data. Luis C.deBaca helped lead the U.S. fight against forced labor in the Obama administration and now teaches law at the University of Michigan. Photo: Luis C.deBacaChina has rejected allegations that it uses forced labor in Xinjiang. The agency added that it is “committed to transparency” and is developing an interactive web-based tool to provide forced labor enforcement statistics.
Venture capitalists are now attaching "redemption rights" to their investment offers. Signing off on these terms can put stress on startups to raise more funds or find a buyer before an investor's redemption rights set in. But as the private markets boomed, power shifted from investors to founders, and venture firms stopped seeking redemption rights. It seems redemption rights are now back on the table with the ongoing uncertainty in the private markets. As for redemption rights, Kirby tells investors it's not in their best interest to get that term.
The Tucker Carlson origin story
  + stars: | 1998-01-28 | by ( Aaron Short | ) www.businessinsider.com   time to read: +57 min
Tucker Carlson is remembered as a provocateur and gleeful contrarian by those who knew him in his early days. It was Tucker Carlson. (Note on style: Tucker Carlson and the members of his family are referred to here by their first names to avoid confusion.) In 1979, Richard Carlson married Patricia Swanson, heiress to the Swanson frozen foods empire that perfected the frozen Salisbury steak for hassle-free dinners. Tucker Carlson attended St. George’s School, a boarding school starting at age 14.
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