Illinois social equity cannabis grower receives $1M loan via new program
Helios Labs, a minority-owned craft cannabis grower Broadview, Illinois, received a $1 million loan through a program designated…
News November 16
Latest In: Illinois
Illinois licenses first social equity adult-use marijuana retailers
Illinois regulators issued the state’s first social equity adult-use marijuana retail license to an ownership group comprised of…
News November 11
Illinois offers forgivable loans to social equity marijuana businesses
Illinois is offering a total of $8.75 million in forgivable loans to conditionally approved social equity marijuana licensees…
News November 10
Sean ‘Diddy’ Combs to buy Cresco, Columbia Care marijuana assets for up to $185 million
Business mogul and rapper Sean "Diddy" Combs agreed to buy marijuana retail and production assets owned by Columbia…
News November 4
Marijuana MSO Verano refinances $350 million credit facility
Marijuana multistate operator Verano Holdings refinanced its existing $350 million credit facility from cannabis industry real estate lender…
News October 27
Goodness Growth starts court process after Verano ends marijuana acquisition
After vowing to do so, Minnesota-based Goodness Growth Holdings filed a notice of civil claim seeking unspecified damages…
News October 24
Cannabis advocates face off as redistricting changes congressional maps
As cannabis executives watch the 2022 midterm elections, one factor that could affect races for seats in the…
News October 6
MedMen uses federal illegality of marijuana as defense in rent lawsuit
Cannabis multistate operator MedMen Enterprises argues in its response to a lawsuit that it shouldn't have to pay…
News October 5
First licensed social equity craft marijuana grower opens in Illinois
Star Buds IL became the first social equity craft marijuana grower to begin operations in Illinois.
News October 4
Workers at Cresco marijuana affiliate in Illinois vote to join Teamsters union
Employees at the Sunnyside marijuana store in Schaumburg, Illinois, voted to join Teamsters Local 777, with 97% of…
News September 30
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