Marijuana MSO PharmaCann to acquire LivWell Enlightened Health

Chicago-based PharmaCann announced Tuesday it has struck a deal to acquire Colorado-headquartered LivWell Enlightened Health in a transaction that will allow PharmaCann to extend its market footprint to eight states.

Newly legal states offer marijuana growers fresh opportunities, but some greener than others

The legalization ballot measures that voters approved on Nov. 3 created cannabis markets in five U.S. states – Arizona, Mississippi, Montana, New Jersey and South Dakota – and while the rules and regulations are still yet to be ironed out, some of the markets are clearly more appealing to cannabis cultivators.

Illinois to hold lottery for retail cannabis licenses later this month

Applicants for retail cannabis licenses in Illinois will be awarded in a lottery later this month, after all 17 regions saw only about 20 companies given perfect scores on their applications – meaning they tied for the permits.

In landmark move, Illinois lawmakers approve adult-use cannabis program that could hit $2 billion in sales

Illinois on Friday became the country’s first state to legalize recreational marijuana cultivation and sales through its Legislature, a landmark move that paves the way for the creation of one of the nation’s largest adult-use cannabis markets offering “huge” business opportunities.

Week in Review: Good news for Michigan medical marijuana, Oklahoma market narrows & Maine veto override

The Michigan medical marijuana industry sees an expansion of qualifying conditions and new licenses, Oklahoma adopts emergency medical cannabis rules, and Maine’s MMJ market opens up in new ways.