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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.

Cannabis firm MassRoots entering metal-recycling business via $14M deal

Published 7 hours ago

Cannabis-centric social media platform MassRoots said it’s broadening its business model through the acquisition of a metal-recycling company in a mainly stock-based deal valued at $14 million. Empire Services operates 10 facilities in North Carolina and Virginia, according to a news release. MassRoots said it has executed a letter of intent with the company and […]

California hemp bill could provide new opportunities for marijuana firms

Published May 6, 2021

Two bills in the California Legislature that would establish a new regulatory framework for hemp-infused goods – including CBD-infused foods and drinks – are poised to become law this year, which could jump-start the state’s nascent hemp industry and likely give marijuana businesses an opportunity to expand into a federally legal crop. But few in […]

West Virginia opens medical marijuana patient registration

Published May 5, 2021

Nearly four years after West Virginia voters legalized medical cannabis, state officials are allowing eligible patients to register for the program. According to Charleston TV station WOWK, the state’s Office of Medical Cannabis has begun encouraging patients who are eligible to register, much to the elation of patients who have been waiting years to access […]

NM medical cannabis companies won’t have to renew licenses this summer

Published May 4, 2021

Instead of having to undergo the annual summer license renewal process, New Mexico’s medical cannabis businesses can instead focus on the upcoming licensing process for adult-use permits as the state transitions to a recreational MJ market.

US Supreme Court declines to hear $1.9 million 280E cannabis tax case

Published May 3, 2021

The U.S. Supreme Court on Monday refused to hear an appeal from two California-based cannabis companies that were seeking a reprieve from federal tax bills totaling $1.9 million under Section 280E. According to Law360, the high court didn’t weigh in on the case; it simply declined to hear the arguments involved, which leaves both businesses […]

New Mexico revokes license of one of state’s 34 medical marijuana firms

Published April 30, 2021

State regulators in New Mexico yanked the business permit of Santa Fe-based New MexiCann Natural Medicine after an explosion and fire at one of its locations last October. According to the Santa Fe New Mexican, the state Secretary of Health signed an order permanently revoking the company’s business permit, effective May 14. The business, which […]

Marijuana MSO Ascend Wellness aims to raise $80 million via IPO

Published April 29, 2021

Multistate operator Ascend Wellness Holdings plans to raise $80 million through an initial public offering aimed at bankrolling marijuana investments in Ohio and New York as well as future acquisitions. The New York-based marijuana company said in a news release it plans to issue 10 million shares of its Class A common stock priced at […]

Oklahoma cracking down on lawbreaking marijuana companies

Published April 28, 2021

Oklahoma law enforcement officials are conducting a wide-ranging investigation into legal medical marijuana businesses they say might also be involved in illicit street sales. One such company in the town of Guthrie was raided recently, Oklahoma City TV station KOKH reported, and the state Bureau of Narcotics (OBN) seized “dump trucks full of marijuana plants.” […]

Virginia creating three cannabis oversight boards for adult-use program

Published April 27, 2021

Virginia state officials must appoint three oversight boards before marijuana becomes legal for citizens to possess and consume in July, including an industry panel that will be in charge of licensing businesses to cultivate and sell adult-use cannabis starting as soon as January 2024. According to Richmond TV station WWBT, the three boards are: The […]

Billboard ban is latest marketing hurdle for California cannabis firms

Published April 19, 2021

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 […]

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

Published April 19, 2021

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 […]

New Mexico cannabis firm fined $142K for safety violations, might lose license

Published April 16, 2021

A medical cannabis company in New Mexico is facing $142,000 in fines and the possible loss of its business license stemming from a fire that harmed multiple workers.