Latest In: Illinois

cannabis real estate marijuana real estate

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
Ayr Ayr Wellness cannabis deal terminated cannabis mergers and acquisitions chicago Dispensary 33 M&A marijuana acquisition terminated
Image of contract being torn in half

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
capital raise Chicago Atlantic credit facilities MariMed Silver Spike Investment Corp.
Image of money growing out of the ground

Marijuana MSO MariMed borrows up to $35 million for expansion, more

Marijuana multistate operator MariMed closed a $35 million secured credit facility to complete expansion projects in multiple states…

News January 25
chicago cresco labor Sunnyside teamsters unions
Image of blackboard with a yes vote to unionize

More marijuana store workers in Illinois join Teamsters

For the second time in two weeks, workers at a Sunnyside marijuana store in Illinois voted to join…

News January 24
Illinois adult-use licensing Illinois adult-use retail stores Illinois retail stores Illinois social equity
Image of Illinois state flag

Illinois extends application window for marijuana social equity retail applicants

Illinois regulators are extending a filing deadline and offering additional support for the state’s next round of marijuana…

News January 19
Sunnyside teamsters cannabis Teamsters marijuana
Image of Teamsters office

More workers unionize at Cresco marijuana affiliate in Illinois

Workers at the Sunnyside marijuana retail store in Buffalo Grove, Illinois, voted unanimously to join Teamsters Local 777.

News January 9
Illinois adult-use cannabis Illinois adult-use licensing illinois dispensaries Illinois recreational cannabis Illinois social equity
Image of Illinois state capitol building

Illinois changes rules for social equity adult-use marijuana license applicants

Illinois regulators implemented several modifications for social equity applicants vying for one of the state’s 55 new adult-use…

News January 5
2022 cannabis industry trends Canadian cannabis sales marijuana contraction
Image of pink and blue glowing neon lines illustrating data transfer

A visual take on some key cannabis trends in 2022

In the spirit of "a picture is worth 1,000 words," here are charts and maps that visualize a…

News December 30
banking reform cannabis banking reform Columbia Care Cowen cresco labs marijuana banking reform SAFE Banking Act Vivien Azer
Image depicting a generic bank

Cowen downgrades Columbia, Cresco over lack of marijuana banking reform

Investment bank Cowen has downgraded its outlooks for major cannabis multistate operators Columbia Care and Cresco Labs after…

News December 21
biden cannabis research cannabis science lightfoot Pritzker rescheduling
Image of a gloved hand holding a test tube containing cannabis

Publicly funded marijuana research center launching in Chicago

A little more than a month after President Joe Biden signed a new marijuana research bill into law,…

News December 20
MJBizCon Logo