Buying ganja Levi
Buying ganja LeviBuying ganja Levi
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Buying ganja Levi
A cannabis retailer is a person required to be licensed by the Department of Cannabis Control DCC to engage in the retail sale or delivery of cannabis or cannabis products to customers. A microbusiness license authorizes the licensee to operate as more than one type of business as approved by DCC at the same licensed premises. A microbusiness that operates as a cannabis retailer is responsible for all the same requirements under the Cannabis Tax Law as a licensed cannabis retailer. If you are a cannabis retailer or a microbusiness making retail sales of cannabis or cannabis products, you are required to :. Assembly Bill Stats. Beginning January 1, , it is a violation of the Medicinal and Adult-Use Cannabis Regulation and Safety Act to use or possess the universal cannabis symbol in connection with commercial activity other than commercial cannabis activity licensed by the Department of Cannabis Control, and any object bearing the symbol in violation is contraband. We may inspect any place where objects of any kind bearing the universal cannabis symbol are sold or stored in violation and may seize any objects we determine to be contraband. Your retail sales of cannabis, cannabis products, and any other tangible personal property you sell in California are generally subject to sales tax, unless the law provides a specific exemption. Your retail sales of medicinal cannabis or medicinal cannabis products are exempt from sales tax when the purchaser provides you with a valid government-issued identification card along with their valid Medical Marijuana Identification Card issued by the California Department of Public Health indicating they are a qualified patient or the primary caregiver for a qualified patient. In addition to the sales price of the item being sold, the following items must also be included in the gross receipts subject to sales tax:. See the Example of Tax Computation Beginning January 1, , heading below for an example of how the cannabis excise tax and sales tax are calculated. The sales tax rate is made up of different components: a state tax rate, the local tax rate, and any district tax rate that may be in effect. The tax rate varies across the state and will generally depend on the location of your business. You may look up the current sales and use tax rate by visiting our Find a Sales and Use Tax Rate webpage. As a retailer, you are liable for the sales tax on your taxable sales, and you must report and pay the sales tax to us. A retailer has the option to collect sales tax reimbursement from their customers, but it is not mandatory. If sales tax is included in the sales price, you must post a sign notifying your customers that the sales tax is included in the sales price. If signage is not posted on the premises visible to the customer, then sales tax must be based on the sales price and added to the receipt. Your retail sales of cannabis or cannabis products are subject to the cannabis excise tax. The cannabis excise tax is currently 15 percent of the gross receipts of any retail sale of cannabis or cannabis products. The 15 percent rate is subject to change beginning July 1, You are responsible for collecting the cannabis excise tax from your customers at the time of the retail sale of cannabis or cannabis products. The cannabis excise tax must be listed separately on the receipt or invoice provided to your customer. The cannabis excise tax is included in gross receipts subject to sales tax. You must file cannabis retailer excise tax returns online and pay to us the cannabis excise tax due. As a cannabis retailer, you are responsible for collecting the percent cannabis excise tax from purchasers customers of cannabis or cannabis products, based on the gross receipts from the retail sale of cannabis or cannabis products. Gross receipts generally include any amount the purchaser is required to pay to purchase the cannabis or cannabis products, including but not limited to:. On December 15, , the Office of Administrative Law approved Regulation , Gross Receipts from Sales of Cannabis and Cannabis Products , which provides additional guidance on gross receipts from sales of cannabis and cannabis products. This example also assumes an 8. Both the local cannabis business tax and delivery fee in this example are subject to the cannabis excise tax and sales tax. We can now calculate the sales tax for this transaction. Gross receipts for purposes of calculating the sales tax include the cannabis excise tax. The 8. This is just a sample scenario. Different sales tax, cannabis excise tax, and local cannabis business tax rates may apply to your transactions, and you must use the rates in effect at the time of sale. As a cannabis retailer, you must pay your distributor any amount of cannabis excise tax due for cannabis or cannabis products that you received or purchased from the distributor prior to January 1, You may claim a credit on your cannabis retailer excise tax return for any cannabis excise tax you paid to a distributor for cannabis or cannabis products the distributor sold or transferred to you, as the retailer before January 1, , and you sold at retail on and after January 1, The credit must be taken on your cannabis retailer excise tax return filed for the period in which the retail sale of the cannabis or cannabis products occurred. If the credit is not taken on the corresponding return, you may file a claim for refund for the amount for which you could have claimed a timely credit. You must keep documentation to support any credits reported on your cannabis retailer excise tax return. Without proper documentation, the claimed credit may be disallowed, and you may be held liable for any unpaid cannabis excise tax. Your retail sales of cannabis, cannabis products, and any other tangible personal property items in California are generally subject to sales and use tax tax unless the law provides a specific exemption. The statewide sales and use tax rate is 7. If your business is engaged in an area where district taxes are in effect, the applicable district tax rate is the rate in effect at your business location. When you deliver items to your customers, you are required to collect, report, and pay the district tax rate in effect at the location where the items are delivered. As a reminder, local cannabis business taxes that you pass on to your customers and any delivery charges are also subject to sales or use tax, and your delivery charges are also generally taxable. Please see publication , Shipping and Delivery Charges , for more information on how tax applies to delivery charges. You can find all the tax rates in California on our website. To find a sales and use tax rate by address, select Look up the current sales and use tax rate by address. The tax rate provided will reflect the current rate for the address entered. A cannabis retailer makes sales at their business located in the city of Sacramento and also provides a delivery service to customers in nearby cities and counties. The city of Woodland has a different district tax rate, as well as a different local cannabis business tax rate, than Sacramento. The retailer is responsible for collecting, reporting, and paying the tax rate imposed by the applicable taxing district. This information is intended to give you an overview of how the district tax is calculated on your deliveries of cannabis or cannabis products and does not address all delivery requirements for the cannabis industry. Please contact the Department of Cannabis Control for information about delivery requirements. This example illustrates how cannabis excise tax and sales tax apply and is not intended to be used as a guide on whether to apply or how to calculate a cannabis business tax imposed by local governments. We do not administer local government cannabis business taxes. You should refer to your local government agency for information on the application of a cannabis business tax. Please visit www. Many cities and counties have enacted measures requiring that cannabis businesses located in their jurisdictions pay a cannabis business tax. If you add a separate amount to your customers' invoices or receipts to cover your cannabis business tax, cannabis excise tax and sales tax applies to the cannabis business tax amount. Generally, whenever an expense of the retailer is separately added to any taxable sale, the expense is also subject to sales tax and cannabis excise tax. In the example below, the computation of cannabis excise tax and sales tax on a taxable sale includes a cannabis business tax. Sales tax is applied to the total selling price including the cannabis excise tax and cannabis business tax. This example assumes an 8. This example assumes a percent cannabis excise tax rate and an 8. You must use the rates in effect at the time of the retail sale. This example is to illustrate how cannabis excise tax and sales tax apply and is not intended to be used as a guide on how to calculate a cannabis business tax imposed by local governments. Please refer to your local government for information on the application of a cannabis business tax. You may retain vendor compensation of 20 percent of the cannabis excise taxes due on your retail sales of cannabis or cannabis products authorized under your retailer license issued by the Department of Cannabis Control DCC for one licensed retail premises, if:. As a cannabis retailer, you may request approval to retain vendor compensation by submitting a completed Vendor Compensation Application to us after logging in to your online services account with their username and password. After logging in, find the cannabis retailer excise tax account and select the More option. The Vendor Compensation Application link is listed under the More section of the page. When submitting the Vendor Compensation Application, you will be required to provide the following information and documentation:. Vendor compensation applications submitted without the proper equity fee waiver approval from DCC will not be approved. You, as a cannabis retailer, are required to record in the CCTT system your wholesale cost and the retail selling price of the cannabis or cannabis products when the items are sold at retail, as well as comply with other requirements established in the Department of Cannabis Control's regulations. There are several new optional fields available in the CCTT system when recording retail receipts. Under the Transaction Details option for each sales receipt, the following is a list of new fields you should use when recording the sales price of cannabis or cannabis products sold in a retail sale. You are required to pay sales tax and cannabis excise tax on all taxable sales despite the loss of cash due to theft. There is no exemption or deduction of the sales and use tax and cannabis excise tax due to theft of cash. For both sales and use tax and cannabis excise tax, acceptable forms of documentation for loss due to theft may include police reports or insurance claims. In addition, please contact the Department of Cannabis Control for your requirements with them when you have losses due to theft. CBD products that contain cannabis are subject to the cannabis excise tax. CBD products which are derived from industrial hemp plants and do not contain cannabis are not subject to the cannabis excise tax, even if the CBD product contains trace amounts of Tetrahydrocannabinol THC. Please contact CDFA for specific information on industrial hemp. Please contact CDPH for specific information regarding industrial hemp products. California law allows certain cannabis licensees to provide and receive cannabis or cannabis products trade samples cannabis trade samples. As a cannabis retailer, you can receive cannabis trade samples from cultivators, manufacturers, distributors, and microbusinesses authorized to engage in cultivation, manufacturing, or distribution, but you cannot designate cannabis or cannabis products as trade samples and provide cannabis trade samples to other licensees or consumers. The cannabis excise tax does not apply to cannabis trade samples. Please visit DCC's website for additional information regarding cannabis trade sample requirements. You are required by law to keep business records so that we may verify the accuracy of the cannabis trade samples you received. The records you keep should be consistent with the information recorded in the California Cannabis Track-and-Trace system regarding the transfer of cannabis trade samples to you. Taxes may be due for cannabis trade samples: A cannabis licensee that receives cannabis or cannabis products as trade samples and later sells the cannabis or cannabis products is liable for cannabis excise tax along with applicable penalties and interest on the cannabis or cannabis products sold. A cannabis licensee that sells cannabis or cannabis products designated as trade samples in a retail sale is liable for sales tax due on the cannabis or cannabis products sold. Cannabis retailers may provide free medicinal cannabis or medicinal cannabis products medicinal cannabis to medicinal cannabis patients or their primary caregiver. When you, as a retailer, donate free medicinal cannabis to a medicinal cannabis patient or their primary caregiver, the cannabis excise tax and use tax do not apply. When you receive medicinal cannabis designated for donation from another licensee, you must certify in writing to that licensee, using a document, such as a letter, note, or purchase order, that you will donate the medicinal cannabis to a medicinal cannabis patient or their primary caregiver. You should keep a copy of the written certification that you provided to the licensee who provided the medicinal cannabis. When taken in good faith, the written certification relieves you from the liability for the use tax when donating the medicinal cannabis to a medicinal cannabis patient or their primary caregiver. However, if you later sell or use medicinal cannabis designated for donation in some other manner, you are liable for any taxes that are due, including the cannabis excise tax and sales or use tax, along with applicable penalties and interest on the medicinal cannabis sold or used in a manner other than for donation. For information on the sales tax exemption for certain medicinal cannabis sales, please see the heading Certain Sales of Medicinal Cannabis Exempt from Sales and Use Tax below. There may be times when you run a promotion that discounts the selling price of a cannabis or cannabis product, including, deep discounts or two for the price of one discounts. The cannabis excise tax and sales and use tax still apply to sales of discounted cannabis or cannabis product. Sales made for less than 50 percent of cost Generally, if a sale is made for less than 50 percent of your cost when the value of the merchandise is not obsolete or about to expire, you do not owe sales tax, but you do owe use tax on your cost of the product sold. If the sales and use tax rate at your retail store location is 9. To pay use tax, you should report your cost which is generally your purchase price of the cannabis or cannabis product as Purchases Subject to Use Tax on your sales and use tax return. Those purchases become part of the total amount that is subject to tax. For more information on use tax, visit our use tax webpage. Promotions If you run a promotion where your customer buys an amount of cannabis or a particular cannabis product at the full selling price and then receives additional cannabis or cannabis product for a reduced price, you owe sales tax based on the amount you receive from your customer. If the sales and use tax rate at your store location is 9. The Cannabis Tax Law provides that any person required to be licensed as a cannabis retailer by the Department of Cannabis Control DCC must collect the cannabis excise tax from a purchaser and pay the cannabis excise tax owed to us. For more information on the legal requirements that must be satisfied to operate as a cannabis collective or cooperative, please contact the Department of Cannabis Control to determine your cannabis licensing requirements. For sales and use tax purposes, a cannabis collective or cooperative generally means a group of people organized for the mutual benefit of its members who equitably share ownership in the cannabis or cannabis products produced and the costs and expenses incurred in producing the cannabis or cannabis products. Generally, a cannabis collective or cooperative charges a membership fee or requires a certain amount of labor be performed. Paying the fee or performing the labor entitles each member to a proportionate share of the cannabis or cannabis products produced. Sales or use tax and cannabis excise tax does not apply to the transfer of cannabis or cannabis products to members of the collective or cooperative, assuming each member of the collective or cooperative has an ownership interest in the cannabis, prior to its harvest, proportionate to their contribution, and no amount is charged above and beyond the equitable contribution of a member. Sales tax and cannabis excise tax does apply to any retail sales of cannabis or cannabis products if sales are made to individuals that are not members of the collective or cooperative, or if a member is charged an amount above their equitable share of the costs and expenses, or the member has no ownership interest in the cannabis or cannabis product prior to transfer. The sales and use tax exemption applies to the retail sales or the storage, use, or consumption in this state of medicinal cannabis or medicinal cannabis products, as those terms are defined in the Business and Professions code section To properly claim the sales and use tax exemption, you should not collect sales tax reimbursement on the qualifying exempt sales of medicinal cannabis or medicinal cannabis products. In addition, you should claim a deduction on your sales and use tax return for the qualifying exempt medicinal cannabis or medicinal cannabis products sales. To claim the exempt sales, you must verify that purchasers have the proper identification a valid MMIC and a valid government-issued ID and maintain specific information for your records as explained below under the Recordkeeping section. This exemption only applies to sales and use tax and does not apply to the cannabis excise tax due on retail sales of medicinal cannabis or medicinal cannabis products. Cannabis retailers who make qualifying exempt sales of medicinal cannabis or medicinal cannabis products and claim the deduction on their sales and use tax return, should maintain the following records either physical or electronic for each transaction:. You are responsible for obtaining a seller's permit and reporting and paying the sales tax on the retail selling price of consignment sales. When you have possession or control of the item you are selling and can transfer ownership or use of the item to the buyer without further action on the part of the owner, you are considered the retailer of the item. For example, your store accepts pipes and accessories to sell on consignment. You agree to sell the products but will not pay for the product unless it sells. Your agreement authorizes you to sell the products and transfer ownership to the buyer. You are considered the retailer of the accessories you sell in this way and must pay sales tax based on your retail selling price. For more information, please see publication , Consignment Sales. Department of Cannabis Control DCC regulations provide that only licensed retailers including non-storefront retailers or microbusinesses authorized to sell cannabis to retail customers may sell cannabis or cannabis products at a temporary event. The cannabis excise tax and generally the sales and use tax apply to any retail sales of cannabis or cannabis product. For more information on what sales tax applies to your retail sales, see the Sales Tax in General heading above. You will pay the sales and use tax due to us with your sales and use tax return. It is important to make sure that you appropriately register for a seller's permit for each location in which you make sales. Generally, if you will be selling items at a location for fewer than 90 days, we consider you to be a temporary seller and require that you hold a temporary seller's permit. You will need to register each temporary sales location. On the other hand, if you already hold a seller's permit for a permanent place of business but also make sales at a temporary location, you will not need to register for a separate temporary seller's permit. Instead, you must register for a sub-permit for each of your temporary locations. For more information about temporary sellers, please see our Temporary Sellers guide. DCC is the agency that issues state licenses for temporary cannabis events. For more information on temporary cannabis events, please see the DCC website. If you are a retailer who makes sales of tangible personal property that take place on the real property of a California state-designated fair state-designated fairground , you must separately state the amount of those sales on your sales and use tax return. Sales that take place on state-designated fairgrounds include over-the-counter sales on the fairgrounds and may include sales in which the property is shipped or delivered to or from the fairground. The separately reported amount will be used for funding allocation purposes only. There is no additional tax or fee due on these sales. When you purchase a product that will be resold, you can purchase it without paying sales or use tax by providing the seller a valid and timely resale certificate. Sales tax will apply when you sell the product at retail. However, when you purchase a product for resale without paying sales tax but, instead of selling it, you consume or use the product, then you owe the use tax based upon the amount of the purchase price. For example, if you issue a resale certificate when purchasing a pipe but instead gift it to someone, you owe use tax based upon its purchase price. To pay use tax, report the purchase price of the taxable items as Purchases Subject to Use Tax on your sales and use tax return. For more information about issuing resale certificates, see publication , Sales for Resale. Products you purchase for use in your business signs, fire extinguishers, display cases, weight and measure equipment, computers, and so on are subject to sales tax at the time of purchase. Your supplier will normally collect and report the sales tax. However, if you purchase equipment or supplies for use in your business online or from an out-of-state seller, the sale may be subject to use tax. If the out-of-state seller does not charge California use tax, you should report the purchase price on your sales and use tax return. To pay the use tax, report the purchase price of the taxable products under Purchases Subject to Use Tax on your sales and use tax return. Those purchases become part of the total amount subject to tax. In general, wrapping and packaging supplies used to wrap merchandise or bags in which you place products sold to your customers, may be purchased for resale see Regulation for more details. All other purchases of supplies are generally subject to tax. To find out more about use tax, please visit our use tax webpage. You are required by law to keep business records so that we may verify the accuracy of your sales and use tax return and determine how much tax is due, when a return has not been filed. Additionally, maintaining good books and records will help you keep track of your sales and purchases and assist you when preparing your sales and use tax return and cannabis retailer excise tax return. Tax laws require that records must be kept for at least four years, unless otherwise directed by us. If you do not maintain records, we may consider it evidence of negligence or intent to evade the tax and penalties may be assessed. For more detailed information on recordkeeping, please see our Keeping Records webpage , publication 76, Audits , and Regulations and The Medicinal and Adult-Use Cannabis Regulation and Safety Act requires a licensee to keep accurate records of commercial cannabis activity for a minimum of seven years. For example, every sale or transport of cannabis or cannabis products from one licensee to another must be recorded on a sales invoice or receipt. Sales invoices and receipts may be maintained electronically and must be available for review. Each sales invoice or receipt must include:. Failure to separately state the cannabis excise tax on invoices or receipts may result in the entire selling price of the cannabis or cannabis products, without adjustment for any cannabis excise tax collected, being included in gross receipts and subject to the percent cannabis excise tax. If you believe you have paid more sales or use tax or cannabis excise tax than you owe, you may file a claim for refund using our online services. To submit a claim for refund, log in using your username and password, and click on the account for which you want to request a refund. The claim for refund is located under the I Want To section, More subsection. Select the Submit a Claim for Refund link and follow the prompts. Claims for refund must state the specific reason s for the overpayment, specific the period for which you are making the claim, and the amount of the overpayment. We may request documentation to support your claim. Be sure to file your claim for refund by the applicable deadline. If you don't file on time, we cannot consider your claim even if you overpaid the tax. You must file a claim for refund by whichever of the following dates occurs last:. You may file a claim for refund for any excess cannabis excise tax reported and paid to us and then later returned to your customer. You may establish that the excess cannabis excise tax was refunded to your customer by providing any type of record showing the refund that can be verified by us, such as a receipt, cancelled check, or books of account showing that the credit has been allowed to the customer as an offset against an existing amount owed to you. For more information, see our publication , Filing a Claim for Refund. The Cannabis Tax Law imposes a minimum mandatory 50 percent penalty for not paying the amount of cannabis excise tax due. If you do not pay the cannabis excise tax by your due date and we assess a 50 percent penalty, you may be relieved of the 50 percent penalty if we find that you did not timely pay due to a reasonable cause and circumstances beyond your control, and you exercised ordinary care and there was an absence of willful neglect. To request relief of the mandatory 50 percent penalty, you must file a statement with us, signed under penalty of perjury, which states the facts upon which the request for penalty relief is based. We may also relieve the 50 percent penalty if you are in an area identified in a state of emergency proclamation made by the Governor for the period the state of emergency proclamation is effective. We may grant the relief only during the first 12 months following the issuance of the state of emergency proclamation or the duration of the state of emergency, whichever is less. You may request relief of penalty by visiting our Online Services page, and following the directions under the Request Relief tab. On this page. Selling price of cannabis product. Service Fee. Gross receipts subject to excise tax. Cannabis excise tax rate. Sales tax rate. Subtotal subject to excise tax. Delivery charge. Delivery fee. Total selling price of cannabis.
Cannabis Retailers with Cannabis Businesses
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Seventy-four registers line up as personal shoppers accompany customers, explaining the different types of premium cannabis in glass cases. Customers can also catch a glimpse of robots making infused HaHa gummies and fizzy beverages. It feels seamless, and for many, like going to an Apple store. Cash is king by default. Among the 19 states and the District of Columbia that have legalized recreational cannabis usage—37 states for medical marijuana usage—none of the operating dispensaries will take credit cards as a payment option. The dominance of cash has made dispensaries prime targets for theft. Last year, the Los Angeles Police Department reported a twofold increase in burglaries, stickups, and armed assaults at legal cannabis dispensaries. Operating a legal dispensary also means highly punitive taxes because owners cannot seek typical standard business deductions. Major credit card processors like Visa and Mastercard will not authorize any credit purchases for cannabis products in the United States. It is an option that Visa has notably frowned upon. These nuances have made cannabis banking a major challenge for the small-to-large businesses involved in the industry. The result is a patchwork of solutions for retailers to transfer money safely while guaranteeing a quality customer experience. In what are typically known as KYC, or Know Your Customer, protocols, banks that want to work with cannabis dispensaries have to do a lot of due diligence with site visits. How do they handle cash flow? Similarly, dispensaries have to know about the Bank Secrecy Act and other regulations that banks have to follow. I know what this customer does. I know who it employs. Physical safety is also a concern that fintech startups are trying to address. The more banks that go online and enter the space, the safer the people involved in the industry will be. With Mastercard and Visa out of the game, newer software startups have stepped in to ensure that small and large cannabis retailers show transparency at each step. Simply moving customers from paper to a digital transaction platform helps a dispensary document their work and remain compliant with the federal government. Wading into the gray areas of cannabis banking requires these startups assemble a mixed team of experts familiar with both traditional cash payments and digital ecosystems, in addition to people who have experimented with creative payment solutions. Everyone involved needs to be aware of exactly how cannabis is a different beast. For LeafLink, their approach to the problem was developed from a practice called invoice financing. Invoice financing is when LeafLink provides upfront payments for a supplier via ACH, the same way a bank processes a paycheck, while then assigning invoices to the endpoint retailers. In facilitating large sums of money movement digitally, the startup makes it easier for these suppliers to scale. Credit unions in particular have led the charge in adapting fintech, compared to national banks, because of their smaller scale and ability to cater to their local communities. Similarly, there are many factors that a customer-facing retailer has to accommodate for. No longer simply an in-person experience, the Covid pandemic forced dispensaries and suppliers to evolve and go online in order to survive. With that, the buyer experience went digital and set the standard. Partnering with multi-state cannabis operators, Valley Bank had to help customers find banks, wallet service providers, and even cash transport companies who were willing to touch cannabis cash. Automation would reduce the number of resources spent on compliance, helping out smaller dispensaries that may enter the market in a more disadvantaged position. For these fintech startups, other than a business opportunity, integrating social equity is also part of their holistic plan. Many partner with The Last Prisoner Project to help redistribute some of their cannabis revenue back to those who have been disproportionately incarcerated due to past cannabis prohibition. Setting compliance standards also means setting social equity standards and expectations for this lucrative but also historically fraught industry. President Joe Biden recently announced the unconditional pardoning for all US citizens and lawful permanent residents for the offense of simple possession of marijuana in violation of the Controlled Substances Act. Historically, the unequal enforcement of marijuana possession laws by police has led to racial disparities. Black people are more than 3. While the SAFE Banking Act would signal that banks would not be penalized, it does not solve the fundamental issue of criminality. She also noted that the Act would not open up Small Business Administration loans for smaller dispensaries. It would reduce the stigma for banks, but would not change the landscape much. So for now, entrepreneurs will have to keep engaging in more untraditional cannabis banking opportunities. Maybe someday, Himmel noted, bigger banks or Stripe and Square will be interested. Cannabis startups will be ready with a flick of a switch. AI startup founders stood in line, eager to see whether their solutions could contribute to the process even more. In your inbox: Our biggest stories , handpicked for you each day. Interview: Bobbi Althoff on exactly how she got rich—and how rich. A JD Vance adviser posted extensively on Reddit for years about drug use. Save this story Save. That is, until checkout time. Most Popular. By Boone Ashworth. By Matt Burgess. By Carlton Reid. By Matt Kamen. Designing Anew and Setting the Tone. The Future of Cannabis Banking. You Might Also Like …. Helen Li is a freelance journalist whose podcast work and multilingual writing focus on youth civic engagement, international affairs, labor, technology, and identity. She aspires to learn more about the human experience through different forms of storytelling. Read more. Contributor X. Topics Finance Startups money Regulation Commerce marijuana. Boone Ashworth. Now They're Under Fire for Bias. Human rights groups have launched a new legal challenge against the use of algorithms to detect error and fraud in France's welfare system, amid claims that single mothers are disproportionately affected. Morgan Meaker. Not if Jake Sullivan can help it. Issie Lapowsky. A cluster of European cities within a five-hour train ride of London could become a unicorn factory to rival Silicon Valley, argues tech investor Saul Klein. Saul Klein. What if It's Totally Wrong? Spend enough time in the bizarro worlds of these feeds, and you can start to believe anything. Lauren Goode. Makena Kelly. US dairy farms are disappearing, down 95 percent in terms of numbers since the s—milk price rules are one reason why. Elizabeth Eckelkamp. Molly Taft.
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