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Month: February 2024

CBD could be banned in Florida if hemp bill passes, advocates warn

CBD could be banned in Florida if hemp bill passes, advocates warn

CBD, a medication used by millions of Americans to battle a variety of illnesses and anxiety, could be banned entirely in Florida because of a bill that seeks to outlaw synthetic chemicals in hemp that can induce euphoria.

Paige Figi, considered the “mother of CBD” in the U.S. because of her crusade to legalize what became known as Charlotte’s Web, is attempting to sound the alarm about the bill. She is being joined by parents of children who desperately need the product and independent hemp growers worried their businesses would be devastated.

“I just don’t think the lawmakers are taking account of the millions of Floridians that are going to be medically affected by the removal of their health products,” Figi said in an interview with the Orlando Sentinel.

Figi was one of the key proponents of legalizing CBD both nationally and in Florida, where then-Gov. Rick Scott signed a bill in 2014 giving certain patients access to cannabidiol oils with low levels of THC, the substance that causes euphoria in users. read more

Presidential election a fork in the road for automakers’ EV plans

Presidential election a fork in the road for automakers’ EV plans

By Grant Schwab and Breana Noble, The Detroit News

DETROIT — Depending on whom Americans elect to the presidency in November, the U.S. auto industry could be looking at two vastly different product and profitability scenarios.

As a result, the industry is holding its breath. The Biden administration last year proposed stricter emissions regulations into the next decade, suggesting EV penetration would need to be close to 60% by 2030 for manufacturers to comply. A forecast from business analysis firm GlobalData Plc expects even under that scenario, EV adoption would be around 48% by 2030, while it might be more like 32% under former President Donald Trump, who has promised to strip back requirements and revoke California’s waiver to set its own rules if he returns to the White House.

“Over the last decade or so, CO2 legislation has become such a divisive topic between Republicans and Democrats,” GlobalData forecaster Kevin Riddell said. “Having an inconsistent policy makes it tougher for the OEMs and suppliers to plan for all for this, to bring the economies up, and to start actually making profit off these things.” read more

U.S. Supreme Court hears challenge to Florida, Texas social-media laws

U.S. Supreme Court hears challenge to Florida, Texas social-media laws

WASHINGTON  — The Supreme Court wrestled Monday with Florida and Texas laws that could affect how Facebook, TikTok, X, YouTube and other social media platforms regulate content posted by their users. The cases are among several this term in which the justices could set standards for free speech in the digital age.

In nearly four hours of arguments, several justices questioned aspects of laws adopted by Republican-dominated legislatures and signed by Gov. Ron DeSantis in Florida and Texas Gov. Greg Abbott in 2021. But they seemed wary of a broad ruling, with Justice Amy Coney Barrett warning of “land mines” she and her colleagues need to avoid in resolving the two cases.

While the details vary, both laws aimed to address complaints that the social media companies were liberal-leaning and censored conservatives.

Justices Samuel Alito and Clarence Thomas appeared most ready to embrace arguments made by lawyers for the states. Alito complained about the term “content moderation” that the sites employ to keep material off their platforms. read more

The best things to buy at Costco are daily essentials, not TVs

The best things to buy at Costco are daily essentials, not TVs

By Tommy Tindall | NerdWallet

Traditional grocery store advice is to stay out of the aisles and shop the perimeter to spend less and eat healthier. That’s harder to do at Costco, says Addie McHale, a Denver-based certified financial planner.