Ameri-canna milestone... On Friday, the House passed legislation that would legalize marijuana nationwide and scrap criminal penalties for pot-related activities (feat. an 8% tax on cannabis sales). While recreational weed is legal in 18 states, marijuana is still an illegal Schedule I drug at the federal level (along with LSD and heroin). Now the bill heads to the Senate, where it faces an uphill battle. Big pot companies need federal legalization to grow, but they weren't feeling the buzz: shares of Tilray, Aurora, and Canopy Growth all dipped.
Workers have union dues... America's second-largest employer has union blues. Amazon workers at a NYC warehouse voted to unionize on Friday, establishing Amazon's first US union. Last year, Amazon won a labor battle when Alabama workers voted not to unionize. Amazon has fought against unionization (think: "Vote No" bathroom flyers) and wants the power to quickly hire/fire workers and set hours/wages. But Amazon has been heavily criticized for its treatment of workers. It’s a landmark victory for organized labor that could threaten the Zon’s supremacy.