Latest In: Illinois

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Ayr Wellness buys two Illinois marijuana stores for $30 million

Multistate marijuana company Ayr Wellness is continuing its acquisitions of cannabis companies with an announcement it will be…

News July 20
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Illinois faces legal challenge to latest marijuana social equity licensing plan

A Michigan-based cannabis company is trying to stop Illinois' already long-delayed process for issuing additional retail recreational marijuana…

News July 20
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Lotteries for Illinois cannabis retail store licenses begin July 29

The drawing for 110 cannabis dispensary licenses for minority applicants in Illinois is slated for later this month.

News July 15
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More cannabis workers vote to join unions in Illinois

Several Illinois-based marijuana facilities opted to unionize through votes by employees, both the Teamsters and the United Food…

News June 18
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Cronos inks deal to buy cannabis MSO PharmaCann stake for $110 million

A subsidiary of Toronto-based Cronos Group purchased an option to acquire approximately 10.5% of PharmaCann, one of the…

News June 14
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Chicago cannabis store workers vote to join Teamsters

Employees at a Chicago cannabis retailer voted to join the Teamsters Local 777, the first such move in…

News June 1
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Cannabis retailers ease COVID-19 restrictions, but many require masks, other steps

As the U.S. eases out of the coronavirus pandemic, marijuana, CBD and hemp retailers are slowly adjusting their…

News June 1
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Verano nets $100 million in upsized loan to support cannabis moves

Illinois-based Verano Holdings entered into an amended $130 million loan agreement that provides the multistate cannabis operator an…

News May 11
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Marijuana MSO Holistic Industries raises $55 million for expansion

Holistic Industries, a vertically integrated multistate marijuana company operating in six U.S. markets, secured a $55 million convertible…

News May 11
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AFC Gamma lends $22M to Justice Cannabis for New Jersey operations

Marijuana industry real estate financier AFC Gamma announced a $22 million senior secured credit facility for Chicago-based multistate…

News May 7
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