Two cannabis businesses focused on the technology sector raised a combined $21.5 million in investment capital.
John Schroyer
John Schroyer's Latest Posts
Workers at Massachusetts marijuana grow vote to unionize
Employees at a cannabis cultivation operation in Massachusetts voted on Tuesday to join the United Food and Commercial Workers Union, the latest victory for organized labor in the cannabis industry. According to a news release from the UFCW, workers at Cultivate...
California cannabis sales reach record $348 million in July
California set a marijuana sales record of $348 million in July, the biggest month since the 2018 rollout of the state's legal market. That sales figure comes from Headset, a marijuana data tracking firm based in Seattle. Before July, the...
Illinois governor appoints Danielle Perry as cannabis czar
Illinois Gov. JB Pritzker has chosen a new marijuana chief to oversee the state’s industry.
Week in Review: Cannabis toll from lack of jobless stipends, rising Illinois MJ sales, Texas hemp firms sue state & more
It’s been a little more than a week since the $600-per-week federal jobless benefits expired, and the toll that lack of extra support could take on the cannabis industry – especially recreational businesses – might well become more apparent this month.
Lawsuit over California marijuana deliveries continues
A landmark legal battle over marijuana delivery operations in California won't be settled anytime soon. That's the upshot Thursday from a short hearing on the case in Fresno, where representatives from the state attorney general's office faced...
Local ballot measures across California could significantly expand marijuana industry footprint
The November election offers the prospect that California's legal cannabis industry footprint could expand significantly, depending on a couple of dozen local ballot measures. According to research by Hirsh Jain, government affairs director at San Jose-based retailer...
California cannabis company settles enforcement case for $546,000
A first-of-its kind enforcement case in California ended in a settlement in which a licensed marijuana company agreed to pay the state nearly $550,000 but avoided any loss of its business permits.
Illinois hits $61 million in recreational marijuana sales in July
The new Illinois adult-use cannabis market has posted increased sales numbers nearly every month since its Jan. 1 launch, and the trend continued in July, when the state’s retailers sold almost $61 million in marijuana.
New Jersey marijuana companies invest in infrastructure build-outs ahead of recreational vote
Amid the ongoing expansion of New Jersey's medical marijuana market as well as the anticipated victory of recreational legalization at the ballot box in November, some of the state's cannabis companies are investing heavily in cultivation build-outs and other...
Green Thumb wins initial victory in Arkansas cannabis licensing dispute
Green Thumb Industries was awarded a temporary restraining order by an Arkansas judge in the company's quest to overturn the issuance of a marijuana business permit to a competitor. Pulaski County Circuit Court Judge Mary McGowan granted the TRO requested by Green...
Citing previous duplicates, MO issues five new cannabis business permits
Missouri authorities awarded five additional medical marijuana manufacturing licenses because some companies apparently were given duplicates.
