Lawsuits pile up over Illinois social equity marijuana licensing
No surprise here: The do-over of social equity marijuana business licensing in Illinois is sparking litigation. But these…
News August 5
Latest In: Illinois
Verano’s latest acquisition + the upside of cannabis SPACs
Verano Holdings Corp. (CSE: VRNO; OTCQX: VRNOF) announced the acquisition of WSCC, which operates as Sierra Well, a Nevada-based vertically…
News August 4
Cannabis REIT acquires Illinois property for $50.25M; 4Front to operate
Innovative Industrial Properties (IIP) closed on the acquisition of a property in Illinois and entered into a long-term…
News August 4
Three Illinois marijuana applicants sue to be included in license lottery
Three entities reportedly connected to marijuana multistate operator Justice Cannabis filed a federal lawsuit in Illinois claiming they…
News August 3
Illinois awards 70 permits in flurry of adult-use cannabis business licensing
Illinois regulators on Monday issued 70 additional adult-use cannabis business licenses, including permits to an initial 32 craft…
News August 2
Acquisition propels Green Thumb into RI medical marijuana market
Green Thumb Industries said it closed a deal to acquire one of only three operational medical cannabis dispensaries…
News August 2
Finally! Illinois awards 55 new recreational cannabis retail licenses
Fifty-five recreational cannabis store licenses were awarded in Illinois, including 36 in the Chicago area, after a yearlong…
News July 30
626 qualify for Illinois cannabis retail licenses on rescored applications
Applicants for the lottery for cannabis retail store licenses in Illinois jumped to 626 after the state rescored…
News July 29
Lawsuit that could have delayed Illinois cannabis business licensing dropped
A Michigan-based marijuana company withdrew a lawsuit it filed less than two weeks ago against Illinois’ governor, removing…
News July 28
Verano to acquire Nevada marijuana company Sierra Well for $29 million
Illinois-based marijuana company Verano Holdings announced it will acquire Sierra Well, a Nevada vertically integrated cannabis company with…
News July 26
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