Marijuana businesses seek alternatives to debt financing in slow capital market
Cannect Wellness raised $7 million in its second equity funding round; capital raises have been slow due to…
News October 8
Latest In: Illinois adult-use marijuana
Illinois recreational marijuana sales hit $120.5M in Feb.; out-of-state sales shrink
Recreational marijuana sales in Illinois totaled $120.5 million in February, an increase of 5.7% from February 2022 despite…
News March 3
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.
News February 6
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June 22
Illinois adult-use cannabis sales exceed $1.2 billion through November
Adult-use cannabis sales in Illinois have exceeded $1.2 billion with one month left in the year, according to…
News December 7
Rescoring of retail marijuana licenses in Illinois allowed to proceed
An Illinois judge rejected a request to stop state regulators from rescoring retail marijuana license applications, moving a…
News November 13
Long lines, high demand cause Illinois adult-use marijuana stores to ration flower, require customer appointments
A few weeks into recreational cannabis sales in Illinois, supply of flower remains tight, which is forcing many…
News January 29
Illinois opens applications for additional marijuana license classes
Illinois regulators have opened the application process for cannabis entrepreneurs seeking craft grower, transporter and infuser licenses, paving…
News January 9
Illinois licenses first five adult-use marijuana retailers
Illinois awarded its first licenses to businesses that can sell recreational cannabis when it becomes legal in the…
News August 30Featured
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