EMAIL: johns@mjbizdaily.com
PHONE: 720.213.5835

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.

14 Marijuana Labs Participate in ‘Proficiency’ Test

Yet another sign that the marijuana industry is maturing: 14 cannabis labs from across the country recently participated in a test to determine THC concentrations in blind samples. The Intra-lab Comparison and Proficiency Test was part of “an effort to help promote quality assurance in a previously unregulated and fast-growing industry,” according to a press […]

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San Diego Approves 1st Dispensary

Let the rebirth of San Diego’s medical marijuana industry begin. On Wednesday, the city granted initial approval to what could become the first legal dispensary in San Diego since officials established new regulations earlier this year. A hearing official determined that the dispensary – A Green Alternative – meets all the necessary criteria for approval. […]

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CA City Cuts Power, Water to Dispensaries

Can medical marijuana dispensaries continue operating without electricity and water? In Anaheim, California, the answer appears to be no. The city, which banned dispensaries over a year ago, is taking the drastic step of cutting off utilities to businesses violating the ban. The strategy is working: Nine dispensaries shut down last month and eight more […]

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Nearly $14K in Daily Revenues for Seattle Rec Shop

The Emerald City’s second recreational marijuana shop is rolling in the green. Uncle Ike’s, which opened on Sept. 30, averaged $13,736 in sales per day in its first week of operation. That equates to about $3,500 in excise tax revenue for the state each day. If the pace holds up, the store could generate $4.8 […]

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Company Hopes to Launch ‘Full-Service’ Cannabis Bank

Marijuana companies in Colorado could eventually have their very own bank if a publicly traded company has its way. The consulting firm Advanced Cannabis Solutions has filed a letter of intent to purchase a 15,000-square-foot former retail bank in Denver. It’s long-term goal: Use the existing infrastructure to create a “full-service bank that serves the […]

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Massachusetts Dispensaries Play Waiting Game

Hurry up and wait. That’s the situation Massachusetts medical marijuana dispensaries find themselves in as they work through the licensing process. State inspectors are still conducting site visits for the 11 dispensaries that have received provisional approval, and there’s no word on when the businesses will get the green light to start serving patients. The […]

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Controversy Over Proposed MMJ Business Fees in Maryland

Will the cost of doing business in Maryland turn away medical marijuana entrepreneurs and disenfranchise 45,000 potential patients? That’s the concern of many MMJ advocates after a state commission suggested a $125,000 annual fee for cultivation licenses and a $40,000 yearly charge for dispensary permits. Entrepreneurs would also have to shell out up to $6,000 […]

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Colorado Marijuana Sales Balloon 11% in August

Marijuana sales in Colorado are hitting new highs. Both recreational and medical cannabis revenues jumped 11% in August, according to the latest numbers released by the state. Cannabis consumers spent over $33 million on recreational marijuana and $32.2 million on medical cannabis during the month. That’s up from $29.7 million and $28.9 million, respectively, in […]

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Insights Into the Cannabusiness Banking Situation: Q&A With Attorney Ned Frisius

By John Schroyer If you run a marijuana-related company, chances are you’ve experienced some difficulties opening – and keeping – a bank account. Finding a financial institution willing to work with the industry remains one of the biggest challenges cannabis companies face, despite moves by the federal government earlier this year to ease the situation. […]

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Investing in Canadian MMJ Companies Could Carry Legal Risks

American investors who funnel money into Canadian medical marijuana companies could run into legal issues with the United States government. In a recent report by Reuters, several experts warned that investing in Canadian businesses that grow and sell marijuana could be seen as a violation of money laundering and drug trafficking laws. A spokesman for […]

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Colorado Candidate Suggests Repeal of Amendment 64

Colorado Republican gubernatorial candidate Bob Beauprez (pictured) suggested during a debate Thursday evening that voters should be asked to repeal recreational marijuana. That assertion drew a swift condemnation from the Marijuana Industry Group, one of the leading state cannabis associations, which called Beauprez’s suggestion “misguided.” “Repealing Amendment 64 would kill tens of thousands of jobs, […]

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