A pending state bill would allow the pot industry in California to finally evolve from an all-cash enterprise.

Lieutenant Gov. Gavin Newsom swung through the South Bay to talk about education, tech, income inequality, Trump and more.

When Gov. Jerry Brown ordered in 2011 the dissolution of California’s 400-plus redevelopment agencies (RDAs), San Jose was forced to halt the kind of subsidized development that built much of downtown over the past two decades. Now the city might have to work out a new deal on RDA land it has been holding for a potential baseball stadium in the hope that the Oakland A’s can relocate to San Jose. But as the legal fight between the state and municipalities continues, other ideas for tax-increment financing (TIF) districts are emerging.

The proposed Oakland A’s move to San Jose hasn’t had much progress in over three years. But an interesting development occurred last week. MLB Commissioner Bud Selig’s three-person committee in charge of finding the best future home for the A’s reportedly met with city officials and business leaders in San Jose and Oakland. Meanwhile, investigators from State Controller John Chiang’s office have been coming through old San Jose Redevelopment Agency records pertaining to land being held for a possible A’s stadium.

Do you remember the childhood story about a Troll under a bridge who threatens to block passage and eat the three Billy Goats Gruff? Well, this is similar to the county of Santa Clara and the city of San Jose when it comes to Redevelopment Agency money.