On the final day they could approve bills this year, California lawmakers gave the go-ahead to a pair of marijuana measures but shelved a potentially major piece of hemp legislation.
John Schroyer
John Schroyer's Latest Posts
True cost of wildfires still unclear for California cannabis farmers
Many California marijuana farmers are struggling with the aftermath of recent wildfires in the state, even if their farms went untouched by the blazes. But those affected have said they're just as determined as ever to continue growing. One Santa Cruz County nonprofit...
Week in Review: Cannabis ballot measures finalized, Florida gets edibles, capital raises rebounding & more
A recreational marijuana legalization ballot measure in Arizona got the final go-ahead, while a medical cannabis legalization initiative in Nebraska is fighting to keep its place on the November ballot. MJBizDaily takeaway: It's shaping up to be a six-state...
California Legislature still weighing significant marijuana and hemp bills in final days of session
With only a few days left in the 2020 legislative session, California state lawmakers are still considering three significant bills related to both marijuana and hemp that could yet become law.
Ascend Wellness completes $68 million raise, acquires Illinois marijuana shops
Ascend Wellness Holdings, a multistate operator based in New York, said Tuesday it closed a $68.2 million funding round and reached agreement to acquire two more Illinois marijuana retailers. The raise is yet another sign that funding in the marijuana industry is...
Several Colorado cities, counties may loosen marijuana business restrictions
As local governments across the nation look to expand their tax base during the recession, several in Colorado are contemplating loosening restrictions on marijuana companies, including prohibitions on home delivery, repealing bans on adult-use or medical cannabis...
California wildfires claim several marijuana farms, threatening growers with financial losses
The series of wildfires ravaging Northern California have inflicted major damage on several marijuana farms, with possibly more outdoor grow operations threatened in the region. "There are a ton of farms that are located in the fire’s path. No one’s out of the woods...
Second lawsuit targets OK residency requirement for cannabis businesses
A marijuana company based in Washington state filed a federal lawsuit against Oklahoma in an attempt to overturn the state's two-year residency requirement under which nonresidents can own only up to 25% of a medical cannabis business. According to Law360, Original...
General Counsel Miyashita supplants Leslie as CEO at marijuana firm Leafly
Online marijuana news site, dispensary finder and information resource Leafly appointed a new CEO to replace its current chief, Tim Leslie, who spent less than a year and a half in the position.
Battling insurers in the aftermath of lootings: Q&A with California cannabis executive Keith Stephenson
Keith Stephenson's 14-year-old Oakland cannabis shop, Purple Heart Patient Center, was one of scores that were ransacked the weekend of May 29 during widespread Black Lives Matter protests in California and across the nation. Having shuttered in March as a precaution...
Predicted California marijuana business failures haven’t happened, and COVID played a role
In late 2019, many in the California marijuana industry confidently predicted a rash of companies would go under this year, citing the market's harsh business conditions and a dearth of investors. Coming extinctions were accepted with near-universal consensus, in part...
New Jersey could see uptick in medical cannabis patients via telemedicine
New Jersey health authorities recently gave the greenlight to physicians to write recommendations for medical marijuana through online appointments, also known as telemedicine. The move could lead to a boost in the number of registered patients in the state....
