Rochelle Brodin / WireImage via Getty

"California pot shops prepare for their first day of legal recreational marijuana sales," by L.A. Times' Angel Jennings and Sarah Parvini:

  • The nation's largest state today marks its first day of legal recreational marijuana sales, after voters approved legalization in 2016.
  • Robert Taft Jr., founder of the medical marijuana dispensary 420 Central in Santa Ana, "brought in five new cash registers and hired six additional 'budtenders.'"
  • "To sell cannabis commercially in January — for recreational or medical use — marijuana businesses must have local approval and a state license."
  • Per AP: In general, the state will treat cannabis like alcohol, allowing people 21 and older to possess up to an ounce of pot and grow six marijuana plants at home."
  • Bummer: "Los Angeles has delayed accepting applications for legal sales until Jan. 3, and it will be weeks before any shops open."

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Illustration: Aïda Amer/Axios

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  3. Public health: The states where face coverings are mandatory Fauci says it has been a "very disturbing week" for the spread of the coronavirus in the U.S.
  4. Business: Top business leaders urge the White House to develop mandatory mask guidelines.
  5. Economy: The economy may recover just quickly enough to kill political interest in more stimulus.
  6. States: Florida reports more than 10,000 new coronavirus cases, and its most-infected county issues curfew.
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Scoop: Instacart raises another $100 million

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Grocery delivery company Instacart has raised $100 million in new funding, on top of the $225 million it announced last month, the company tells Axios. This brings its valuation to $13.8 billion.

Why it matters: This funding comes at what could be an inflection point for Instacart, as customers it acquired during coronavirus lockdowns decide whether they want to continue with the service or resume in-person grocery shopping.