John Schroyer Archive

Maine gov proposes stalling rec marijuana sales until 2019

John Schroyer  | October 20, 2017

Maine’s Republican governor is proposing that state lawmakers consider simply delaying recreational marijuana sales, instead of passing a legislative rewrite of the voter-approved marijuana law.

The Maine Legislature is set to return Monday to consider a rewrite offered by a legislative committee handling adult-use marijuana implementation.

Republican House Minority Leader Ken Fredette said he is …

Report: Cannabis industry capital raises reach $1.8B in 2017

John Schroyer  | October 17, 2017

Capital raises in the global cannabis industry have reached a staggering $1.8 billion in the first three quarters of 2017, up from $720 million a year ago, according to Viridian Capital Advisors’ Cannabis Deal Tracker.

The raises are a compilation of deals brokered by 164 public companies and 105 private ones, with an average raise …

Michigan regulators release more details on MMJ licensing

John Schroyer  | October 13, 2017

The Michigan agency responsible for developing medical marijuana industry rules on Thursday released more information about how hopeful business licensees can obtain a state permit for the upcoming regulated MMJ market.

The Michigan Department of Licensing and Regulatory Affairs (LARA) announced that starting Dec. 15 it will begin accepting license applications, and the …

Week in Review: California wildfires, Maryland medical cannabis lawsuit & Arkansas CPAs + MMJ

John Schroyer  | October 13, 2017

By John Schroyer, Bart Schaneman and Omar Sacirbey

California’s wildfires could adversely affect marijuana crops, Maryland’s MMJ commission is taken to court, and Arkansas accountants get permission to serve cannabis firms.

Here’s a closer look at some notable developments in the marijuana industry over the past week.

Maine appoints new medical cannabis program director

John Schroyer  | October 12, 2017

Maine’s medical marijuana program finally has a new director, after the position went unfilled for a year.

Marietta D’Agostino, a former director of the state’s MMJ program, left in 2016 for a job in the private cannabis sector, and Craig Patterson, an analyst with the state’s health department, was chosen this week …

California tribes worry they’re being shut out of state’s regulated marijuana industry

John Schroyer  | October 12, 2017

By John Schroyer

Dozens of California's 109 federally recognized Native American tribes have reportedly expressed interest in entering the state's regulated cannabis market when it launches.

But as the state's unfinished regulations stand, those tribes may be forced to make a choice: Participate in the licit cannabis market or retain their sovereignty.

Louisiana doctors not showing much interest in MMJ program

John Schroyer  | October 11, 2017

As Louisiana’s medical marijuana program nears its launch, only two doctors have applied for permission to recommend the drug, raising questions about whether the state’s MMJ system will need tweaking in order to establish a viable industry.

One application for the permit required to recommend MMJ to patients has been approved for …