Hundreds of businesses win medical marijuana licenses in Nevada, the cannabis industry suffers a painful defeat in Florida, and an ancillary company lands $1.5 million in venture capital.
John Schroyer
John Schroyer's Latest Posts
Business Questions Abound as Oregon Prepares for Rec Sales
Will Oregon medical marijuana businesses have first dibs on recreational licenses? Will there be a cap set on the number of retail stores? When will the Oregon Liquor Control Commission start issuing business permits? The short answer to all these questions and more...
Uncertain Future for DC Legalization
Regardless of how loudly voters speak, sometimes elected officials just ignore them. That might become the case in Washington DC with Initiative 71, which legalized marijuana possession and passed with nearly 65% of the vote on Tuesday. At least one House Republican...
CO Cannabis Industry Dodges Bullet
The recreational marijuana industry in Colorado can breathe a sigh of relief - it won't have a hard-line Republican governor to deal with for the next four years. Colorado Democratic incumbent John Hickenlooper managed to stave off a fierce challenger in Republican...
Election recap: Victory in 3 of 4 key battlegrounds fuels marijuana industry’s momentum
The 2014 election proved to be an encouraging one for the marijuana industry at large, setting the stage for hundreds of millions of additional dollars in cannabis commerce and scores of new business opportunities.
Pro-cannabis ballot measures prevailed in three out of four key national battlegrounds, and even the one major disappointment – the narrow failure of Florida’s medical marijuana measure –
provided reasons for optimism about the future.
Marijuana Companies Partner to Fuel Multi-State Growth
Two established marijuana companies in California are teaming up to tap emerging MMJ markets and further expand their brands nationally. Under a partnership announced this week, G FarmaLabs - which makes infused products and grows its own cannabis - will take over...
Election Preview: Marijuana Legalization Measures in Alaska, Florida, Oregon & Washington DC
By John Schroyer On Tuesday, voters in several states will decide the fate of marijuana legalization measures that could generate hundreds of millions of dollars in new revenues for the cannabis industry. The three key battlegrounds to watch: Alaska and Oregon - which...
$20M to Start an MMJ Business in New York?
Medical marijuana in New York might prove to be a pretty wealthy club. Startup costs to open a dispensary and grow could run over $20 million, according to a recent report by The New York Times. And it might take upwards of $1 million just to navigate through the...
Group Looking to Expand Minnesota’s MMJ Patient Base
Many cannabis advocates in Minnesota think that the state's medical marijuana program is much too limited, especially when it comes to who can qualify to use the drug. So Minnesotans for Compassionate Care asked five gubernatorial candidates to sign a pledge promising...
Week in Review: More MJ Raids + MD Reconsiders Huge Fees & Edibles Lawsuits on Horizon?
By Marijuana Business Media staff Raids creep back into the headlines, Maryland indicates it will rework proposed MMJ fees and a lawyer warns of new legal challenges for edibles companies. Here’s a closer look at several notable developments in the cannabis industry...
Marijuana Business Incubator Launches in Florida
Whether or not medical marijuana passes in Florida on Tuesday, Tampa will be home to a cannabis business incubator. The Common Bond Collective opened an incubator in the city this week that aims to bolster marijuana-related startups, including those focused on...
67 Warnings, Penalties for MJ Violations in Washington
When it comes to recreational marijuana, enforcement of the law is no laughing matter for the Washington Liquor Control Board. The agency, which is tasked with overseeing the new recreational cannabis industry, issued 67 penalties and warnings between May and October...
