Crypto industry spending big to sway California congressional races

As interest groups flood northern Orange County with ads related to the hotly contested legislative race, a new industry, cryptocurrencies, is emerging as a major source of spending. political action committee called fair shakeis funded by crypto companies and their investors, more than any other trade group, to help vulnerable Republican incumbent Rep. Michelle Steele […]

Looming restrictions on THC drinks and gummies alarm hemp industry

Earlier this month, Gov. Gavin Newsom proposed new emergency restrictions on California's hemp industry, citing an urgent need to protect children. He is concerned about a range of loosely regulated products that contain intoxicating concentrations of THC, the compound known to cause the marijuana high. While many agree some changes are needed, many business owners […]

Newsom proposes emergency rules to rein in intoxicating hemp industry

Gov. Gavin Newsom has proposed emergency regulations aimed at curbing the production and sale of illegal hemp products that contain intoxicating cannabinoids such as THC. In a statement Friday morning, Governor Newsom's office said the new rules close a loophole that manufacturers in the “intoxicating marijuana” industry have used to circumvent regulations on cannabis products, […]

Column: Newsom and lawmakers bow to Google, sticking it to the news industry

Sacramento — Gov. Gavin Newsom has previously spoken loudly about making the internet giants pay for the goods they steal and profit from, but last week he killed a bill that would have required them to pay for news articles. When the governor saw the word “tax increase” in the bill, he signaled that he […]