Latest In: Illinois

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MedMen raises CA$20 million to bankroll marijuana expansion in Florida

Financially strapped MedMen Enterprises said it raised 20 million Canadian dollars ($16 million) at CA40 cents a unit…

News March 19
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Cannabis MSO Cresco expands in Massachusetts via $90M acquisition

Chicago-based cannabis multistate operator Cresco Labs is spending $90 million to acquire all the outstanding equity interests of…

News March 19
cannabis real estate deal GreenAcreage Real Estate Corp NewLake Capital REIT
cannabis real estate

Marijuana real estate merger creates firm worth $435 million in assets, cash

Chicago-based NewLake Capital Partners and GreenAcreage Real Estate, a real estate investment trust (REIT) in New York have…

News March 18
4Front Ventures capital raise innovative industrial properties Sale-leaseback
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4Front eyes Illinois expansion through $51.5M marijuana sale-leaseback deal

Marijuana multistate operator 4Front Ventures entered into definitive agreements to finance the construction of a massive $51.5 million…

News March 16
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A map showing where states determined cannabis companies as essential businesses.

How ‘essential’ transformed the US cannabis industry amid the COVID-19 pandemic

During the tumultuous weeks and months of the past year, a nine-letter word emerged as a game changer…

News March 15
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Verano accused in lawsuit of illegal interstate marijuana trafficking

Illinois-based multistate operator Verano Holdings is accused in a lawsuit of illegally shuttling marijuana from its home state…

News March 9
cannabis acquisitions Verano Holdings
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Cannabis MSO Verano to expand in 3 states via deals exceeding $100 million

Cannabis multistate operator Verano Holdings announced agreements to acquire a total of nine operating retail outlets or licenses…

News March 3
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Marijuana MSO Cresco Labs files $1 billion shelf prospectus

Illinois-based marijuana multistate operator Cresco Labs filed a preliminary prospectus to raise up to $1 billion in securities…

News March 1
Green Thumb Industries marijuana capital raise
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Cannabis MSO Green Thumb Industries raises $56 million in US share sale

Chicago-based multistate cannabis operator Green Thumb Industries raised roughly $56 million from selling shares in the United States.…

News February 23
2020 Cannabis Industry Salary Guide marijuana wages
Map showing what states are expecting minimum wage increases in 2021

Mainstream businesses are bracing for minimum-wage hike, but many cannabis firms already pay more

Half the states across the country have increased – or will raise – the minimum wage paid to…

News February 19
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