The Chinese currency is called Renminbi (People's money), often abbreviated as RMB. Issued by the People's Bank of China, it is the sole legal tender for both the Chinese nationals and foreign tourists. The unit of Renminbi is yuan and the smaller, jiao and fen. The conversion among the three is: 1 yuan = 10 jiao =100 fen.
Dispensaries in Washington raked in over $1 billion in non-medical marijuana sales since the drug was legalized for recreational use back in 2012. The state allows people to carry up to one ounce of marijuana, but they must require the drug for medicinal purposes in order to be eligible for a grower's license.
Californians vote to legalize recreational use of marijuana in the state. Voters on Tuesday approved Proposition 64, making California the most populous state in the nation to legalize the recreational use of marijuana. The approval of the ballot measure creates the largest market for marijuana products in the U.S. It comes six years after California voters narrowly rejected a similar measure.