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John Schroyer

A Sacramento-based journalist, John had focused on Colorado politics for most of his career, which included covering the 2008 Democratic National Convention in Denver. In 2012, he covered the Amendment 64 campaign to legalize recreational marijuana for The Colorado Springs Gazette. As then-video editor for The Gazette, he was on hand for the first-ever legal recreational marijuana sale in Denver on Jan. 1, 2014. He’s been writing about the cannabis industry since joining Marijuana Business Daily over the summer of 2014.

Billboard ban is latest marketing hurdle for California cannabis firms

The billboard isn’t flashy or particularly eye-catching. It’s just green text over a whiteboard, touting Palm Royal Collective as the No.1 cannabis dispensary in Southern California’s Coachella Valley. The only art element is a palm tree logo in the top left corner. That billboard, among a dozen or so on Interstate 10 in the Palm […]

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US marijuana legalization advocates in ‘waiting game’ on Schumer bill

It’s been more than two months since Senate Majority Leader Chuck Schumer pledged to tackle federal marijuana legalization, but so far there’s been little in the way of details made known about what the Democrat’s bill might include. Moreover, no specific timeline has been announced for when the bill could be introduced, let alone voted […]

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California-based Connected Cannabis completes $30 million raise

Connected International Co., which does business as Connected Cannabis, said it closed on a $30 million capital raise that will bankroll national expansion plans. According to a news release, the California-based, vertically integrated company expanded into the Arizona market in late 2020 and plans to “focus on states with robust cannabis cultures and promising potential […]

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IRS has spent years training agents on marijuana audits

The IRS has been training its agents for at least eight years in the finer details of auditing marijuana companies, using PowerPoint presentations that outline everything from legal precedents to questions that should be asked during interviews with business owners.

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Longtime marijuana reform activist Steve Fox dies

The cannabis industry and reform movement is mourning the death of one of its staunchest advocates, Steve Fox. The cause of Fox’s death, which occurred Monday, was not disclosed. He was 53 and residing in Bethesda, Maryland, according to Denver-based VS Strategies, where Fox served as managing partner. In addition to VS Strategies, Fox was […]

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Uber could get into cannabis delivery business, CEO says

Uber could branch into cannabis deliveries if the federal government repeals its national marijuana prohibition, the CEO of the ride-sharing pioneer said Monday. “When the road is clear for cannabis, when federal laws come into play, we’re absolutely going to take a look at it,” Uber CEO Dara Khosrowshahi told CNBC. In Congress, moves are […]

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A primer on marijuana-related IRS terminology

The marijuana-related IRS documents that serve as the basis for this series can be accessed here. Section 280E of the Internal Revenue Code: Prohibits any company that traffics in Schedule 1 or Schedule 2 controlled substances from taking standard business deductions on their federal taxes. The practical result for state-legal marijuana companies: They often pay […]

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