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.
State-level proposals for the rescheduling of cannabis have met with mixed success. As of November 9, 2016, the use of both recreational and medicinal marijuana has been legalized in the states of Alaska, California, Colorado, Maine, Massachusetts, Nevada, Oregon, and Washington.
Alaska legalized recreational marijuana for adult use on Tuesday, becoming the fourth state in the nation to do so. The state joined Oregon and Washington, D.C., both of which also voted Tuesday to legalize the drug for recreational use. Colorado and Washington state legalized recreational cannabis use in 2012. Alaska voters approved Measure 2, which legalizes the possession, use and sale of the drug for recreational use.