John Schroyer

John Schroyer's Latest Posts

U.S. Senate panel to hold hearing on medical marijuana

The Republican-controlled U.S. Senate will hold an unexpected - and perhaps first-ever - hearing on the potential medical benefits and risks of marijuana use Wednesday. The Senate Judiciary Subcommittee on Crime and Terrorism will hold the hearing, which is slated to...

New IRS Audits in Colorado Worry Cannabis Companies

New IRS Audits in Colorado Worry Cannabis Companies

By John Schroyer The Internal Revenue Service has begun probing the large cash transactions of dozens of Colorado marijuana companies, sparking uncertainty and unease among cannabis entrepreneurs. The audits - focusing on Form 8300 - have raised the specter of money...

Second poll finds AZ rec initiative in trouble

A second poll has found an Arizona recreational marijuana ballot measure getting a thumbs down from voters. The Campaign to Regulate Marijuana Like Alcohol, which filed petitions on June 30 to get a spot on the November ballot, is supported by only 39% of Arizona...

ND: Medical campaign submits signatures; rec falls short

One campaign in North Dakota to legalize medical marijuana on Monday reportedly handed in well over the necessary number of signatures to place an initiative on the November ballot, while a group in the state trying to legalize recreational cannabis admitted that it...

CA City Sells Prison to Cannabis Extraction Company

The central California city of Coalinga has taken the unusual step of selling its former prison for $4.1 million to a cannabis company that will convert it into a medical marijuana oil extraction plant. The prison, which has sat unused for several years, was sold to...

Colorado Marijuana Potency Cap Backers Cancel Campaign

Supporters of a proposed ballot measure to cap cannabis product potency at 16% THC abruptly halted their campaign on Friday, saying they didn't have the financial resources to beat the marijuana industry. "We simply couldn’t go toe-to-toe with the marijuana moguls,”...

Dueling Denver MJ ballot measures possible for November

Two competing marijuana-related initiatives may be on the November ballot in Denver, one to legalize private cannabis clubs and another to permit practically any business to set up a public MJ "consumption area." The initiatives would have different impacts on the...

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