Extra: "Debanking" And The Future Of The Cannabis Industry

Extra: "Debanking" And The Future Of The Cannabis Industry

It's been 29 years since California became the first state to legalize marijuana for medical use and just 13 years since Colorado and Washington legalized recreational use for adults. Since then, it has become legal in some form in 39 states and Washington D.C.. But despite being a legitimate multibillion dollar industry, marijuana is still illegal under federal law, making cannabis companies unable to use the federal banking system and reliant on cash. Therefore, it remains challenging for businesses operating legally in their state to use the federal banking system, and they must operate primarily in cash. Kyle Sherman, the founder and CEO of Flowhub, recently spoke with Chris Foster of Fox News Rundown about why Congress needs to update marijuana and banking laws and why working primarily in cash is terrible for both industry and the government. Sherman also discusses the state of the marijuana business, whether it has expanded too fast in some places, and where it's possibly going. We often must cut interviews short during the week, but we thought you might like to hear the full interview. Today on Fox News Rundown Extra, we will share our entire interview with Flowhub CEO Kyle Sherman, allowing you to hear more about the growing marijuana industry and its challenges going forward. Learn more about your ad choices. Visit podcastchoices.com/adchoices

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Business Rundown: Why Markets Are Unfazed By Strait of Hormuz Flare-Ups ... For Now

Business Rundown: Why Markets Are Unfazed By Strait of Hormuz Flare-Ups ... For Now

Attention is back on the Strait of Hormuz after a weekend of fresh attacks cast doubt on the chances of a diplomatic end to the conflict. Oil prices are reacting to the strikes and President Trump’s a...

13 Juli 16min

Lindsey Graham’s Decades Of Influence On American Foreign Policy

Lindsey Graham’s Decades Of Influence On American Foreign Policy

Washington is mourning the sudden passing of South Carolina Senator Lindsey Graham, a longtime lawmaker and leading voice on national security. President Trump and lawmakers across Capitol Hill are re...

13 Juli 34min

Extra: The Tricky Balance Between Free Speech And Protecting Kids Online

Extra: The Tricky Balance Between Free Speech And Protecting Kids Online

With federal lawmakers deadlocked over how to protect children online, states are aggressively taking matters into their own hands. In a major development, the Supreme Court is allowing a sweeping n...

12 Juli 19min

From Washington: Rep. Michael McCaul on Two Decades of Public Service and the Changing Face of Congress

From Washington: Rep. Michael McCaul on Two Decades of Public Service and the Changing Face of Congress

Serving eleven terms in the House of Representatives is an exceptional milestone, so what makes a veteran lawmaker decide it's finally time to step aside? With his final term drawing to a close, Congr...

12 Juli 31min

Extra: Byron Donalds Warns of an Approaching Political "Trojan Horse"

Extra: Byron Donalds Warns of an Approaching Political "Trojan Horse"

The race to succeed Florida Governor Ron DeSantis is heating up ahead of the mid-August primary, and the political math is shifting. While registered Republicans outnumber Democrats by 1.5 million in ...

11 Juli 20min

From Washington: Platner, McConnell, and More D.C. Chaos

From Washington: Platner, McConnell, and More D.C. Chaos

With Maine Senate hopeful Graham Platner ending his campaign amid numerous sexual assault allegations, Democrats are in a high-stakes scramble to find a replacement capable of unseating longtime incum...

11 Juli 31min

Evening Edition: Surprising Amount of Americans Are Skipping Annual Check-ups

Evening Edition: Surprising Amount of Americans Are Skipping Annual Check-ups

A new medical survey is revealing a dangerous trend in American healthcare: 1 in 3 Americans have skipped an annual checkup in the past year. The survey, conducted by The Ohio State University Wexner ...

11 Juli 19min

Business Rundown: Clown Cars, Long Loans, and Coping With The Unaffordable Auto Market

Business Rundown: Clown Cars, Long Loans, and Coping With The Unaffordable Auto Market

Buying a new car is becoming more expensive, and Americans are compromising by taking on larger, longer loans. Director of Insights for Edmunds Ivan Drury joins FBN’s Lydia Hu to discuss what’s accele...

10 Juli 19min

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