Two weeks after announcing a major move into the marijuana market with an investment of $1.8 billion in Canadian medical and recreational MJ provider Cronos Group, Marlboro maker Altria revealed it is spending nearly $13 billion to buy a huge stake in the vape company...
John Schroyer
John Schroyer's Latest Posts
Budweiser maker AB InBev teams with Tilray in $100 million deal to research marijuana-infused drinks
Two commercial giants from the worlds of beer and marijuana are teaming up to spend $100 million to research cannabis-infused beverages, the latest deal to pair a Canadian cannabis company with a major maker of alcoholic beverages. Belgium-based AB InBev (NYSE: BUD),...
Florida appeals court delays ruling on major medical cannabis case
A legal case that could further open up Florida's medical marijuana market to new entrepreneurs and hopeful plant-touching MMJ companies has been put on hold for now by a state appeals court. The decision by Florida's 1st District Court of Appeal means a lower court's...
Suit aims to keep CA highway patrol from assisting federal marijuana enforcement
A class action lawsuit filed in San Francisco County Superior Court is asking a California judge to block the state's highway patrol from seizing and turning over cash and other assets from state-legal marijuana companies to federal authorities. The lawsuit stems from...
Final California marijuana regulations: ‘Wins, losses and more ambiguity’
The recently released final drafts of California’s marijuana industry rules received mixed reviews from some cannabis experts.
Marijuana sector needn’t fear Big Alcohol, Tobacco – yet
There has been a flurry of business activity this year by several multibillion-dollar companies in the alcohol and tobacco space looking to capitalize on opportunities in legal marijuana.
California releases drafts of final marijuana business regulations
The long-awaited final versions of California's cannabis business regulations have been published online by the three agencies that oversee the industry. While the rules will not be completely finalized until approved by the Office of Administrative Law (OAL) - and...
Week in Review: Phony CA lab data, Utah gov signs medical marijuana bill & ex-Sweet Leaf execs jailed
The results of hundreds of marijuana lab tests in California are alleged to have been falsified, Utah's governor signs a compromise medical cannabis bill, and two former executives from MJ retailer Sweet Leaf land in jail. Here’s a closer look at some notable...
Marijuana retailer MedMen facing potential class action lawsuit from former employees
One of the biggest names in cannabis retail, California-based MedMen, is facing a potential class action lawsuit from former employees that allege multiple labor law violations.
Massachusetts recreational marijuana stores bring in $2.6M in second week of sales
The newly launched adult-use cannabis market in Massachusetts hit $2.6 million in sales during the second week of sales, according to figures released by the state's Cannabis Control Commission. Data also shows that since Massachusetts'...
Pennsylvania may expand medical cannabis qualifying conditions list
It may soon become easier for more patients to purchase medical cannabis in Pennsylvania, a development that could boost dispensary sales. The state's Medical Marijuana Advisory Board approved a new process for adding medical ailments to the list of treatable...
California cannabis vape cartridge makers facing counterfeit products hurdle
Mainstream industry brands have long contended with product knockoffs ranging from North Face jackets to Rolex watches.
Now the problem is increasingly appearing in the marijuana industry – with vaporizer cartridges a key target.













