Successful fundraising attempts are becoming much more common in the cannabis industry these days as investors warm to the idea of the legal marijuana market.
John Schroyer
John Schroyer's Latest Posts
Colorado AG Investigating ‘Organic’ MJ Companies
Some marijuana companies may want to reconsider using the word "organic" on their labels if they don't want to draw undue attention from law enforcement. Colorado Attorney General Cynthia Coffman is reportedly looking into whether or not some cannabis businesses have...
GOP presidential contenders debate marijuana
For perhaps the first time ever, marijuana legalization was a topic in a primetime presidential debate. On Wednesday night, several of the 11 Republican candidates for the party's presidential nomination weighed in on Colorado's cannabis laws - without mentioning that...
Willie Nelson Partners With Tuatara Capital
Legendary country singer Willie Nelson has chosen New York-based equity firm Tuatara Capital as a new partner in his venture into the legal cannabis industry. Nelson and Tuatara are planning on funding the growth and distribution of Willie's Reserve, a new cannabis...
Vegas Dispensary Reopens After Running Out of Inventory
Euphoria Wellness, the first medical cannabis dispensary in the tourist hub of Las Vegas, was forced to shut down last Wednesday after it ran out of product to sell to customers. But it reopened on Tuesday after finding a new supplier, according to the Las Vegas...
Marijuana Software Exec Wins Fortune Magazine Award
The march towards mainstream acceptance continues for the marijuana industry. An executive with MJ Freeway, a woman-owned cannabis software company in Denver, has been named as one of eight recipients of Fortune Magazine's 2015 Most Promising Women Entrepreneur Award....
Storm Clouds Ahead for Illinois Medical Cannabis Businesses After Program Expansion Shot Down
By John Schroyer
Medical cannabis startups in Illinois have been worried about the state’s low MMJ patient count for months now, but they’ve held out hope that officials would expand the list of qualifying conditions and help boost the market before sales begin.
Those hopes went up in flames last week.
Number of WA Recreational Cannabis Shops Could Soar
A new law that essentially folds Washington State's medical cannabis industry into its recreational program could lead to a huge spike in the number of licensed marijuana stores. State lawmakers estimate that there are 800 unregulated and unlicensed dispensaries in...
Excitement, Concerns & Plenty of Questions Surround California’s MMJ Regulations
By John Schroyer What's next? That's the question many medical cannabis business owners, investors and entrepreneurs are asking now that California is poised to enact statewide medical marijuana regulations via three separate bills that lawmakers approved late last...
NORML Hesitantly Backs Ohio Legalization Initiative
A campaign to legalize medical and recreational cannabis in Ohio has garnered a big endorsement from NORML, but the marijuana lobbying organization isn’t thrilled with a key business-related aspect of the measure.
New York Dispensary Targets January Opening
Talk about planning ahead. One of the five companies that received initial approval for a medical cannabis business license in New York is planning for a January opening near Union Square in Manhattan. Columbia Care, which also has licenses in Arizona, Illinois,...
California Lawmakers Vote to Adopt Statewide Medical Marijuana Regulations
By John Schroyer Under the gun and almost out of time, lawmakers in California approved historic regulations on the state's medical marijuana industry late Friday night, setting the stage for the largest MMJ market in the country to finally adopt comprehensive rules...
