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.
Voters in California, Massachusetts and Nevada decided yesterday (Nov. 8) to legalize the recreational use of marijuana in their states. These three states joined Alaska, Colorado, Oregon, Washington and the District of Columbia, which had already legalized the drug for recreational use in previous votes. In addition, four states voted yesterday to legalize using marijuana for medical reasons: Arkansas, Florida, Montana and North Dakota, Time magazine reported. That means that medical marijuana is now legal in 28 states, and an additional 16 states have laws that allow for limited medical use of the drug, according to Time.