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Illinois

Illinois Medical Cannabis News

Image of miniature people standing on a wooden platform as a businessman assesses which one should be in top spot.

Cannabis MSO MariMed CEO’s sudden death shows need for succession plan

By Kate Robertson · March 20, 2023
Mere months before Robert Fireman died suddenly in December, the co-founder and former CEO of Massachusetts-based MariMed shook up the cannabis company's management team and created a succession plan. Read More

Trademark lawsuit abandoned against marijuana MSO Green Thumb

By MJBizDaily Staff · March 14, 2023

Illinois craft cannabis growers get extension to establish operations

By MJBizDaily Staff · March 8, 2023

Illinois recreational marijuana sales hit $120.5M in Feb., out-of-state sales shrink

By MJBizDaily Staff · March 3, 2023

Cannabis lender Chicago Atlantic extends credit facility by one year

By MJBizDaily Staff · March 1, 2023

Marijuana MSO Cresco Labs’ acquisition of Columbia Care pushed to June

Marijuana multistate operators Columbia Care and Cresco Labs have “mutually agreed” to extend the companies’ acquisition closing date timeline from March 31 to June 30 of this year.

February 27, 2023
Image of the letters M&A in the sky

Marijuana MSO MedMen evaluating sale of assets in three states

California-based marijuana multistate operator MedMen Enterprises has hired ATB Capital Markets to review and potentially help the company divest assets in three states.

February 21, 2023
Image of MedMen store in Venice, California

Budtenders at California cannabis retailer join Teamsters

Budtenders at Captain Jack’s Dispensary in San Bernardino, California, have become the latest group of cannabis workers to unionize.

February 17, 2023
Image of Teamsters office

Cannabis MSO MedMen warns about cash situation, ability to stay afloat

California-based cannabis multistate operator MedMen Enterprises is warning investors that it might not have enough money to “meet its obligations” for the next year and that there are questions about its ability to stay in business.

February 7, 2023
Image of a MedMen store in West Palm Beach, Florida

Illinois property combines marijuana store and alcohol sales under one roof

A marijuana store in suburban Chicago has opened with a liquor license attached to it.

February 6, 2023
Image of cannabis buds atop a beer can

Landlords in older markets warm up to marijuana tenants, but premium still applies

Although cannabis entrepreneurs should expect to pay a premium for real estate, those premiums amount to far less than they used to, observers said.

February 1, 2023

Cannabis companies seeking real estate face limited choices and premium prices

Experienced cannabis entrepreneurs know that ancillary companies such as construction and banking providers often charge marijuana businesses more than their non-plant-touching counterparts—the so-called “green tax.”

February 1, 2023
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Latest News

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All U.S. Briefs Canada Finance Medical & Recreational Stocks 

US cannabis firms could gain from Canadian Securities Exchange plan

March 31, 2023 Kate Robertson
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All U.S. Briefs Legal Massachusetts Medical & Recreational Retail 

Massachusetts closes marijuana dispensary after owner posts threatening video

March 31, 2023 Chris Roberts
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All U.S. Ancillary Briefs Finance Medical & Recreational New York Recreational 

Paychex ceasing direct deposits, other services to cannabis firms

March 31, 2023 Kate Robertson
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All U.S. Briefs Cultivation Kentucky Legal Medical & Recreational Retail 

Kentucky governor signs medical marijuana legalization bill into law

March 31, 2023 Chris Roberts
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All U.S. Ancillary Briefs Canada Extraction Finance International Manufacturing Medical & Recreational Recreational 

Cannabis vape hardware firm Greentank raises $16.5 million

March 31, 2023March 31, 2023 Solomon Israel
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