Cannabis industry thriving amid pandemic demand, Cresco CEO says
Cresco Labs reports strong sales across nine states and Canada with a 30 percent quarter-over-quarter growth in Q2 excluding Massachusetts where adult-use was not deemed essential. CEO Charlie Bachtell credits essential status and rising demand as states eye expansion amid tighter budgets and new ballot initiatives. The interview notes growth in both new and established markets, including California and Illinois, and highlights industry resilience despite COVID-19 impacts.
MENTIONED IN THIS ARTICLE
Los Angeles
U.S
California
Charlie Bachtell
Cresco Labs
Illinois
Canada
Canadian Stock Exchange
Oregon
Colorado
Bachtell
Associated Press
Cresco
Massachusetts
PG&E overhauls emergency response after deadly wildfires
The AP reports PG&E shifted from ad hoc management to standardized emergency procedures after 2019 outages left millions without power. Training under the Standardized Emergency Management System aims to improve info sharing and center coordination as the utility pursues a safer, better rehearsed response.
MENTIONED IN THIS ARTICLE
San Francisco
Pacific Gas & Electric
California
Pg&e
Emergency Operations Center
Associated Press
San Francisco Bay Area
Sierra Nevada
Chris Godley
Sonoma County
China passes law restricting sensitive exports to protect security
Beijing passed a new export control law through the National People’s Congress Standing Committee, allowing reciprocal measures against countries that abuse controls. It covers civilian, military and nuclear products and tech tied to security, with penalties up to 5 million yuan or twenty times transaction value. The measure heightens uncertainty around TikTok Oracle deal and U.S. tech takedowns.
MENTIONED IN THIS ARTICLE
Beijing
China
U.S
National People’s Congress Standing Committee
Huawei
Bytedance
TikTok
Tencent
WeChat
Oracle Corp
Donald Trump
Door ajar for talks despite Brexit deadline
A senior British official said the door remains open to post Brexit discussions with the EU if their stance shifts on core issues. Michael Gove warned that talks could resume to avoid tariffs and a no deal as the December 31 end of the transition nears, while EU officials push for concessions and a Canada-like deal remains unlikely at any price. The business sector fears the twin blows of COVID and trade uncertainty, urging a swift, workable agreement.
MENTIONED IN THIS ARTICLE
London
European Union
Michael Gove
Boris Johnson
Johnson
U.K
BBC
Britain
European Commission
Ursula von der Leyen
Canada
Confederation of British Industry
Europe
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Pennsylvania
Ohio
New York
Washington
The
Elijah Carter
Robert Haralson
Olivers
Rincon Valley
Santa Rosa
Calif
Kent Porter
the Press Democrat
Big Ben
Kirsty Wigglesworth
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