Latest In: Illinois

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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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Ayr Wellness is selling 4 marijuana stores in Illinois

Ayr Wellness has signed a letter of intent to sell its four marijuana stores in Illinois because the company…

News March 7
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MariMed closes $11 million acquisition of Delaware marijuana company

Massachusetts-based marijuana multistate operator MariMed has closed on its $11 million acquisition of First State Compassion Center in…

News March 4
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Green Thumb CEO has dire outlook on federal marijuana reform prospects

Green Thumb Industries CEO Ben Kovler offered a bleak outlook on national marijuana reform and sharp criticism of…

News March 3
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