Good morning Rose City. It’s Friday, Jan. 31, Hug an Economist Day. Friday’s weather should include more rain, a gusty south wind and a high near 60. Here are headlines from Pamplin Media newspapers: In Portland: A new city audit says the local program to regulate an emerging cannabis industry is not up to the task. City Auditor Mary Hull Caballero reported that the Office of Community & Civic Life did not have the capacity to successfully manage the city’s cannabis program.