EMAIL: johnr@MJBizDaily.com
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John Rebchook, Staff Writer

John is an award-winning journalist who spent most of his decades-long career as the real estate editor of the Rocky Mountain News in Denver. At different times John also wrote about banking, economic development, cable TV, workplace issues, technology and national and local political issues impacting business. He has also freelanced for Marijuana Business Magazine. John also published his own real estate blog for almost seven years and was a columnist at the Colorado Real Estate Journal. Before joining the Rocky, John worked at newspapers in Wisconsin, Illinois and Texas.

Maryland’s medical cannabis commission chief resigns

September 12, 2019 · Updated September 13, 2019

Joy A. Strand, the executive director of the Maryland Medical Cannabis Commission, is stepping down, effective Oct. 1. Strand, a health-care executive, led the commission for almost two years. The commission oversees the regulations and implementation of the state’s medical marijuana program. No reason was given for Stand’s resignation, The Baltimore Sun reported. Strand was hired to […]

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New York requiring vaping warnings for medical cannabis stores

September 10, 2019 · Updated November 11, 2019

New York state plans to require health warning signs in medical marijuana dispensaries that sell vaping devices after hundreds of cases of lung illnesses believed to be related to the practice. According to Gov. Andrew Cuomo, the state also will issue subpoenas to three companies that sell a vaping liquid additive that New York health officials […]

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New York governor urges against vaping – with or without cannabis

September 9, 2019 · Updated September 24, 2019

New York Gov. Andrew Cuomo and the state’s health commissioner called for consumers to stop vaping in the wake of reports of deaths and sickness related to the practice. Many of those sickened said they’d been vaping THC, an active ingredient in cannabis. “People should not be using vaping products, period,” Cuomo told reporters. Dr. […]

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Embattled Canadian marijuana firm CannTrust lays off 180

September 6, 2019 · Updated September 9, 2019

Scandal-plagued CannTrust, an Ontario-based cannabis grower, laid off 180 employees, or 20% of its workforce. “We have made the extremely difficult decision to restructure our workforce to reflect the current requirements of our business,” Robert Marcovitch, CannTrust’s interim CEO said in a news release. The layoffs are expected to save the company about 9 million Canadian […]

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Cannabis firms, policymakers must work hand-in-hand, ex-Canadian prime minister says in MJBizConINT’L keynote

September 5, 2019 · Updated September 6, 2019

Marijuana companies must take an active role in working with policymakers, says former Canadian Prime Minister Kim Campbell. Businesses can impact cannabis public policy by providing the knowledge needed to help policymakers dismiss old language and beliefs about cannabis and replace that with new knowledge. That was one of the messages Campbell had for cannabis […]

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Cannabis firm buys Denver-based Mary’s Brands

August 29, 2019 · Updated August 30, 2019

Colorado-based Mary’s Brands, the maker of a marijuana skin patch, was acquired for an undisclosed amount by BR Brands of Connecticut. BR Brands, based in Greenwich, Connecticut, owns and distributes a range of cannabis and hemp products. After the deal closed, Mary’s Brands CEO Lynn Honderd stepped down as CEO but remains an adviser. Denver-based […]

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New York-based marijuana REIT raises $141 million

August 26, 2019 · Updated August 28, 2019

GreenAcreage Real Estate Corp., a real estate investment trust (REIT) that serves the cannabis industry, on Monday announced it raised roughly $141 million when it completed a private placement of about 7 million shares. GreenAcreage, headquartered in New York, is an independently managed REIT that intends to provide sale-leaseback and build-to-suit transactions for those in […]

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Green Thumb completes $60 million marijuana firm acquisition

August 26, 2019 · Updated August 28, 2019

Chicago-based Green Thumb Industries (GTI) announced Monday it completed its $59.6 million cash and stock acquisition of Fiorello Pharmaceuticals, one of 10 companies approved to operate a medical cannabis company in New York. Green Thumb purchased New York City-based Fiorello in a transaction involving $46 million in cash and 1.7 million shares. Fiorello’s assets include: […]

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Terra Tech selling Nevada cannabis dispensary

August 21, 2019 · Updated August 22, 2019

California-based Terra Tech is selling its Blüm Reno dispensary, which was the subject of a lawsuit earlier this year, for $15 million. In February, Terra Tech agreed to pay $6.3 million to settle a lawsuit that alleged the company siphoned money from the Blüm dispensary for other ventures. Terra Tech is selling the dispensary to Picksy […]

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Linton continues investing in marijuana giant Canopy after dismissal

August 20, 2019 · Updated August 22, 2019

Bruce Linton, the former co-CEO of Canopy Growth who was fired by the Canadian company last month, on Tuesday told CNBC’s “Squawk Box” he has since acquired more shares in the cannabis giant. “It was a right time for them to make the change, and it was the right time to buy the stock,” Linton said […]

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Fairbanks, Alaska, approves first marijuana consumption site in city

August 15, 2019 · Updated October 14, 2019

A Fairbanks dispensary is moving closer to becoming the first in the city where on-site consumption of cannabis is permitted. The Fairbanks City Council voted unanimously on a measure that allows consumption at The Fairbanks Cut, once it gets a certificate of occupancy, according to the Daily News-Miner. It can take several weeks to a […]

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Cannabis companies make their mark on Inc. 5,000 list of fastest-growing firms

August 14, 2019 · Updated August 16, 2019

Several companies in the cannabis industry are among the fastest-growing private businesses in the United States, according to the annual Inc. 5,000 rankings. The following are some of the marijuana companies on the list, which was released Wednesday by Inc. magazine: Denver-based NuLeaf Naturals, a CBD company, ranked No. 11, posting an 11,949% spike in […]

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