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Latest In: Illinois

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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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Illinois halts adult-use marijuana retail licensing to boost social equity

State law allows for 500 marijuana stores, but the state will pause licensing non-social equity license holders while…

News June 4
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US Supreme Court is the next stop for challenge to federal marijuana prohibition

A federal appeals court on Tuesday rejected a constitutional challenge to U.S. marijuana prohibition brought by a coalition…

News May 28
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Marijuana operator 4Front files for receivership

4Front Ventures Corp., a minor marijuana multistate operator, said its subsidiaries have filed for voluntary receivership in Massachusetts.

News May 23
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Total cannabis sales in Arizona fall for second straight year

Two years after Arizona retailers recorded record sales of recreational and medical cannabis, the retail boom is fading.

News April 18
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Return on investment is new 4/20 focus for cannabis retailers, brands

As the industry, consumers and other enthusiasts prep for another April 20 cannabis celebration, the date is taking…

News April 16
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Medical marijuana sales stumble in Illinois as overall market cools

On the heels of a record year, slumping medical marijuana sales in Illinois in early 2025 are dragging…

News April 3
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Cannabis MSO Verano Holdings secures $12 million loan

Cannabis multistate operator Verano Holdings Corp. closed a $12 million "cross-collateralized" senior mortgage from Rainbow Realty Group and…

News March 25
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