California

California has decided that, in order to protect the poor, it will delay the implementation of state-required safety warnings on canned food. The state argues that stores and shoppers in lower-income areas may be scared away from tinned food which for some is the only available source of fruits and vegetables California officials are worried that ultra-specific labels warning about BPA and other poisonous chemicals placed on metal cans may cause many to run the other way.

Via ConvergEx's Nick Colas,

Our latest quarterly report on the recreational marijuana business shows a vibrant and growing industry as more states legalize the drug.

 

We survey numerous stores in Colorado, Washington, and Oregon to track how a newly legalized market develops its cost structure and product mix. Our Colorado contacts reported steady pricing and customer traffic compared to three months ago, and brought in $576 million in retail marijuana sales last year – 84% more than in 2014.

 

Donald Trump not only beat Marco Rubio last night, he beat the expectations game as well. He crushed Rubio by almost 20 points in the Floridian’s home state. He took Illinois by 10 points over Ted Cruz and 20 points over John Kasich, and in Missouri, he edged out Cruz by the narrowest of margins.

Authored by Jessica Marmor Shaw, originally posted at MarketWatch.com,

For decades, California has been portrayed as the epicenter of earthquake country. Last year’s disaster movie “San Andreas,” in which a magnitude-9.0 quake lays waste to the state, was just the latest and most spectacular example.

Monsanto is suing the State of California for deciding to include glyphosate, the main ingredient in its Popular weedkiller Roundup, on its Proposition 65 toxic chemicals list. California decided to tell the truth about the toxic chemical after the World Health Organization’s International Agency for Research on Cancer (IARC) classified glyphosate as a “probable carcinogen” back in March 2015. However, the biotech giant would prefer it if people didn’t know that glyphosate can ‘probably’ cause cancer.