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Latest In: Illinois

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Marijuana MSOs settle $860 million lawsuit after failed boomtime acquisition

Vireo Growth Corp. will receive $1 million in cash and Pennsylvania real estate from Verano Holdings Corp., the…

News October 29
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Cannabis operator Ayr Wellness restructures to cut debt by 50%, focus on growth

Multistate cannabis operator Ayr Wellness is undergoing a restructuring that will cut its debt in half and streamline…

News October 13
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Lawsuit: Illinois suspected ‘systemic diversion’ at Curaleaf cultivation

A former director of compliance at Curaleaf claims company brass brushed off allegations of diversion in Illinois.

News September 30
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Is Illinois the next state to ban hemp-derived THC?

Illinois Gov. JB Pritzker says he'll ban hemp-derived THC in Illinois if lawmakers can't regulate.

News September 26
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What happens when a marijuana social equity permit holder dies?

The contentious issue of how to buy or sell marijuana social equity licenses is being pressed by a…

News September 10
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Chicago alderman won’t allow cannabis dispensary owned by ex-cops

A Chicago alderman blocked a proposal from a business that includes former police officers from opening a marijuana…

News September 3
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Debt-saddled marijuana MSO Ayr Wellness to sell off assets, ‘wind down’ operations

The version of Miami-based marijuana multistate operator Ayr Wellness "we know today will cease to exist" after the…

News July 31
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2 board members, including Kris Krane, resign from marijuana operator 4Front

Two board members of 4Front Ventures Corp. have resigned as the marijuana company wrestles with receivership and bankruptcy…

News June 30
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Cannabis company 4Front Ventures files for bankruptcy in Canada

Phoenix-based cannabis operator 4Front Ventures Corp. has initiated bankruptcy proceedings in Canada under that country's Bankruptcy and Insolvency…

News June 13
CRB Monitor Steven Kemmerling
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US marijuana business licensing stable in early 2025

The U.S. marijuana licensing market remained stable in early 2025, with the total number of active licenses growing…

News June 12
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