John Schroyer

John Schroyer's Latest Posts

Texas Dispensary in the Works, Despite Flawed CBD Law

Texas Gov. Greg Abbott signed the so-called "Compassionate Use Act" into law last year, and now, despite obvious logistical problems with the measure, at least one company is putting a plan into action to open a CBD dispensary about an hour north of Dallas. Patrick...

Activist CEO donates $1M in stock to CA rec initiative

There could be a real fight between cannabis activists this year in California after all. Steve Kubby, a longtime activist who worked on the 1996 medical marijuana campaign in California, persuaded the board of directors of Nevada-based Kush Research, of which he is...

WA to Close New Marijuana Licensing Round March 31

Washington State's new round of retail licensing will end with the month of March, the state's Liquor and Cannabis Board (LCB) announced on Tuesday in a press release. And it looks as though the state already has filled its quota, even though the licensing round is...

Losing Cannabis Cup a Mixed Bag, Say CO Businesses

Colorado marijuana business owners hoping for a boost from the High Times U.S. Cannabis Cup that was originally slated to be held in the state next month are in for a disappointment. The magazine has dropped its bid to hold the event in Pueblo, a city roughly two...

No Word From SCOTUS on Colorado Rec Case

The eight remaining U.S. Supreme Court Justices have not decided yet whether or not to hear a lawsuit brought by the attorneys general of Nebraska and Oklahoma against Colorado over its 2012 recreational cannabis law approved by voters. The justices, who were slated...

Florida Lawmakers Vote to Expand CBD Law

Florida lawmakers have given a final thumbs-up to a bill that would expand the state's limited CBD program and create a handful of new business opportunities. If Gov. Rick Scott signs the new bill into law, qualified patients could use full-strength MMJ instead of...

Virginia legalizes industrial hemp

A new hemp market was legalized last week, in the Commonwealth of Virginia. Gov. Terry McAuliffe signed Senate Bill 691 into law last Monday, which simply removes any criminal penalties for growing industrial hemp or for making any products from it, a local NBC...

U.S. Cannabis Industry Undercutting Mexican Cartels

The legal marijuana industry in the United States has taken a big toll on Mexican cartels that had previously relied on cannabis for a sizable chunk of their profits, according to the Washington Post. Citing data from the U.S. Border Patrol, the Post reported that...

Report: VC Investments in Cannabis Companies Hit $215M

Marijuana businesses landed $215 million in venture capital investments last year, more than double the $97 million they secured in 2014, according to a new report from CB Insights. The 2015 figure is even more impressive considering that venture capitalists put just...

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