Latest In: Illinois

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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
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Cannabis lender Chicago Atlantic extends credit facility by one year

Cannabis real estate financing company Chicago Atlantic Real Estate Finance extended its $92.5 million secured revolving credit facility…

News March 1
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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…

News February 27
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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…

News February 21
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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…

News February 17
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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…

News February 7
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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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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…

News February 1
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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…

News February 1
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Ayr Wellness backs off from $55 million cannabis retail acquisition in Chicago

Multistate operator Ayr Wellness said it has canceled its acquisition of Chicago cannabis retail operator Dispensary 33, citing…

News January 27
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