With many U.S. marijuana executives arguing that federal legalization is only a matter of time, industry insiders and politicians are increasingly focused on how to structure a national cannabis marketplace that is both vibrant and diverse.
John Schroyer
John Schroyer's Latest Posts
Cannabis MSO MedMen loses chief revenue officer
The chief revenue officer has resigned at California-based cannabis multistate operator MedMen, a little more than a year since she assumed the role.
Study: Banking action rose in first adult-use cannabis states after legalization
Banking activity increased measurably in the first four states that legalized adult-use cannabis, according to a new white paper.
VA adult-use marijuana implementation uncertain given partisan gridlock
Bills introduced in the Republican-controlled Virginia House of Representatives to implement the state’s recreational marijuana market now appear dead in the water.
New PAC founded to unseat marijuana prohibitionists in Congress
A new political group has been formed with the express intent of ousting members of Congress who don’t support marijuana reform.
Colorado’s 2021 cannabis sales set another annual record at $2.22 billion
Colorado set another record in 2021 with $2.22 billion in combined sales of medical and recreational cannabis.
Detroit to revisit recreational marijuana licensing process
The Detroit City Council is poised to restructure its recreational marijuana licensing system with a new ordinance to govern the process after a U.S. district judge last year ruled that a previously approved residency requirement was “likely unconstitutional.”
Michigan court case a partial win for testing lab in cannabis recall fight
A Michigan testing lab scored a partial victory when a state judge affirmed that regulators were wrong to issue a broad cannabis product recall in November.
However, the judge also said state authorities acted within the scope of the law.
California credit union to reward cannabis clients with dividend
A California credit union made a splash with its cannabis clients by saying it will be splitting a $250,000 dividend among its customers, including those in the marijuana industry.
Arkansas suit accuses medical marijuana regulators of racist licensing practices
A Black-owned company in Arkansas filed suit against state medical marijuana regulators and other officials, alleging that it was discriminated against during the dispensary licensing process because of its owner’s race.
AZ judge dismisses marijuana social equity lawsuit, but plaintiffs vow to fight
A lawsuit that attempted to keep coveted social equity marijuana business licenses in Arizona out of the hands of big businesses has been dismissed, with the presiding judge ruling that state regulators have acted in keeping with the law.
Armored car firm loses court fight in marijuana battle against authorities
A federal judge rejected a request for a temporary restraining order barring peace officers from seizing cash from the vehicles of a national armored car company that provides cash transportation services to marijuana businesses.
