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American Cannabis Industry Nears $30 Billion Value

Published Tue, 24 Dec 2024 18:05:39 GMT

The latest forecast from the data crunchers at BDSA has the U.S. cannabis industry growing to just south of $30 billion by the end of the year. Globally, they project the industry to be worth $36.7 billion in 2023 with roughly 80%, or $29.6 billion, of sales coming from the U.S. state markets. BDSA is expecting the global marketplace to grow about 13% a year through 2027. The U.S. market is expected to be worth $45 billion by that time. “Over the next five years, the biggest drivers of cannabis industry growth in the U.S. will be the thriving Midwest and East Coast markets,” said Roy Bingham, co-founder and CEO of BDSA. “New markets, especially adult-use markets like Missouri, New Jersey and New York, will lead growth. Although mature Western markets such as Colorado and California have experienced sales stagnation or decline due to price compression, they will continue to account for a substantial portion of legal sales through 2027.”  BDSA went on to cover some of the key numbers ...

Unmasking Triller: The Secret Powerhouse Transforming AI and Music Industry Dynamics

Published Tue, 24 Dec 2024 18:05:39 GMT

In the realm of today’s high-tech music landscape, one player stands a cut above the rest: Triller, an AI-driven company, is reshaping the industry’s future. This piece sets out to unpack the story of Triller, a company that was born from the fusion of music and artificial intelligence and has since quietly become a major player in the AI space.The inception of Triller can be traced back to two AI engineers’ ingenuity. They sought to revolutionize the industry by designing an AI music app that would later become the nucleus of today’s Triller. The mission was simple but pioneering: to create a platform where music and video could seamlessly merge with the help of AI, note this was 3 years before TikTok entered the game.When the next iteration of Triller was introduced, the original AI music app underwent an intriguing fusion. The AI company Mashtraxx and Amplify.AI were absorbed into Triller, catalyzing its ascent into becoming a powerhouse in the AI space.Th...

Review: ‘Wizard of Oz’ reborn — and how! — at SF’s American Conservatory Thearter

Published Tue, 24 Dec 2024 18:05:39 GMT

There’s no place like home.Director and choreographer Sam Pinkleton’s wonderfully wacky “Wizard of Oz” is steeped in an ingenious mix of high camp and low-tech that revels in a distinctly San Francisco sense of aesthetics.Certainly the staging’s gender fluidity is a nice wink to the culture wars raging across the country. Welcome to Oz, this ACT production seems to say, no matter who you are, you will be celebrated here.That heartwarming subtext and a whimsy-on-steroids vibe elevates this production, particularly at the beginning and end of Dorothy’s journey. In the middle of the adventure, things tend to sag, particularly for some of the little ones in the audience.In this Oz revamp, the girl in the blue gingham dress is transformed into a kiddo (Chanel Tilghman) in a Batman T-shirt and a hoodie. The Scarecrow (Danny Scheie) is a crocheted Raggedy Ann-style moppet. The Wicked Witch of the West (Courtney Walsh) is a corporate lawyer-type in a blue suit. Toto is a pink puppet p...

Utah woman denied bail in death of book-subject husband

Published Tue, 24 Dec 2024 18:05:39 GMT

By Sam Metz | Associated PressPARK CITY, Utah — A Utah mother of three who wrote a children’s book about coping with grief after her husband’s death, and was later accused of fatally poisoning him, will remain in jail for the duration of her trial on murder and drug charges, a judge said Monday.Kouri Richins knelt her head and cried as a detective testified about authorities finding her husband dead and “cold to the touch,” and prosecutors argued the evidence against her was strong enough to deny her bail.Her case became a true-crime sensation last month when charges were filed as a transfixed public pored over “Are You With Me?” — the illustrated storybook about an angel wing-clad father watching over his children after passing away — and scrutinized remarks Richins made promoting the book as a tool to help children grieve.Monday’s detention hearing offered both prosecutors and Richins’ attorneys a chance to preview their cases and pr...

California lawmakers reach transit bailout deal: Will Gov. Newsom go along?

Published Tue, 24 Dec 2024 18:05:39 GMT

California lawmakers reached a handshake deal late Sunday that would provide more than $3 billion for BART, AC Transit, Caltrain and other beleaguered transit agencies that say low ridership since the COVID-19 pandemic is sending them over a fiscal cliff and without state aid would lead to catastrophic service cuts.The proposed deal between the state Assembly and Senate restores $2 billion in transportation infrastructure funding that was slated to be cut if revenues are as low as the governor’s budget office expects, and allows the money to be used for transit operations at local transportation authorities’ discretion.The deal also would allow local transit agencies to prop up their operating budgets over the next three years by diverting $1.1 billion in cap-and-trade funds that are supposed to be set aside to reduce carbon dioxide emissions.“The legislature’s budget agreement is a very positive first step toward securing the future of public transportation ...

Murder suspects killed in fiery San Leandro crash

Published Tue, 24 Dec 2024 18:05:39 GMT

(KRON / KTXL) -- Bay Area law enforcement officers chased murder suspects on Interstate-880 early Monday morning until the suspects' car crashed into a tree and burst into flames, investigators said.The fiery crash happened around 4 a.m. in San Leandro on Davis Street between Orchard Avenue and Pierce Avenue. Deputies rescued a 14-year-old girl out of the backseat moments before the car was fully engulfed in flames. The driver and front seat passenger, both men, were unconscious and died inside the car, investigators said.The deadly chase unfolded after Alameda County Sheriff's deputies received a "Be On The Lookout" alert from the Manteca Police Department for a stolen gray Toyota Camry with multiple suspects inside, investigators said. MPD advised that Toyota Camry had been stolen out of Oakland before it was used as a getaway vehicle for a Manteca murder. The murder happened just after 10 p.m. Sunday, Manteca police said. A woman was suffering from a gunshot wound when she stumbl...

New Technology Helps Reconstruct Atrocities. Will It Make It Easier to Convict War Criminals?

Published Tue, 24 Dec 2024 18:05:39 GMT

Standing before a computer monitor in a courtroom in The Hague in 2020, a prosecutor with the International Criminal Court zoomed in and out on a detailed 3D digital reconstruction of the city of Timbuktu. She moved around the interactive map through squares and markets, zooming past renderings of city buildings, eventually descending to street level. There, she played a video that showed a Malian rebel leader holding a whip and escorting two cuffed men to an open area, then ordering the men to kneel and whipping them before a crowd of bystanders, including several children.It was a vivid opening to the war crimes and crimes against humanity trial of Al Hassan Ag Abdoul Aziz, a member of the Ansar Dine Islamist group, which took over swaths of northern Mali in a 2012 coup. As chief of Islamic police, Al Hassan stands accused of widespread crimes, including torture, rape, sexual slavery, and forced marriages.“Mr. Al Hassan’s work was not confined within the four walls of his office,”...

Mother of a 6-year-old who shot, wounded teacher pleads guilty to charge of using marijuana while possessing firearm

Published Tue, 24 Dec 2024 18:05:39 GMT

NEWPORT NEWS, Va. (AP) — Mother of a 6-year-old who shot, wounded teacher pleads guilty to charge of using marijuana while possessing firearm.Source

Stock market today: Wall Street rises, and S&P 500 touches highest level in more than a year

Published Tue, 24 Dec 2024 18:05:39 GMT

NEW YORK (AP) — Wall Street is climbing Monday ahead of a big week for central banks around the world, carrying the S&P 500 toward its highest level in more than a year.The benchmark index was 0.8% higher in late trading and near heights it hasn’t seen since April 2022. The Dow Jones Industrial Average was up 149 points, or 0.4%, at 34,025, as of 3:10 p.m. Eastern time, while the Nasdaq composite was 1.4% higher.The U.S. stock market has been cruising on hopes the economy may avoid a recession and the Federal Reserve may soon take it easier on its hikes to interest rates. Traders are betting the Fed will hold rates steady at its next meeting, which concludes on Wednesday. That would be the first time it hasn’t hiked rates at a meeting in more than a year.Investors see high-growth stocks as some of the biggest beneficiaries of lower rates, and they were helping to lead the market. Tech stocks alone accounted for more than half the S&P 500’s gain, powered by gains ...

Family members say beloved AP photo assistant, driver dies at 64

Published Tue, 24 Dec 2024 18:05:39 GMT

CAIRO (AP) — Moustafa Bassiouni, an intrepid photo assistant and driver for The Associated Press’ Cairo bureau, has died at age 64, family members said Monday. They said he died in a Cairo hospital on Saturday after experiencing a heart attack. Bassiouni, who started as a driver for the bureau in 1991, became a pillar of the AP’s Cairo operation. Staffers relied on his street smarts and quick reflexes behind the wheel to cover assignments across the massive metropolis and wider Egypt.He drove generations of AP photographers, writers, bureau chiefs and regional managers through the rule of former president Hosni Mubarak, the chaos that followed Egypt’s 2011 Arab Spring protests, and the 2013 ouster of the popularly elected but divisive president Mohammed Morsi. He was later promoted to photo assistant because of his inventiveness in getting access to difficult locations, including once by horseback. He retired in 2019.“Moustafa was our driver, translator, fixer and most of all ...