Illinois marijuana workers for PharmaCann, Curaleaf vote to unionize
Employees at two retail marijuana operations owned by PharmaCann in the Chicago area and at Curaleaf Holdings’ store in Mokena, Illinois, are joining labor unions.
2 more Illinois companies sue state over cannabis licensing process
Two companies applying for marijuana business licenses in Illinois have filed a lawsuit against the state cannabis regulator, claiming the lottery system for awarding marijuana business permits is unconstitutional, biased and does not meet the state’s goal to promote social equity in the industry.
Curaleaf cannabis store workers unionize in Worth, Illinois
Workers at a Curaleaf Holdings cannabis dispensary in Worth, Illinois, are joining the United Food and Commercial Workers after a yes vote in a union election, Local 881 of the UFCW said.
Cannabis firm Jushi secures $100 million funding with 9.5% interest rate
Multistate cannabis operator Jushi Holdings Inc. secured a $100 million credit facility with a 9.5% annual interest rate to bankroll expansion in the company’s core and targeted U.S. markets.
Marijuana MSO Verano ups credit agreement with $120M loan at 8.5%
Chicago-based marijuana multistate operator Verano Holdings Corp. said Wednesday it amended an existing credit agreement to secure an additional $120 million in funding at a lower annual interest rate of 8.5%.
