Latest In: Illinois

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Illinois-based marijuana MSOs teaming up on two stores, report says

Competing multistate marijuana companies Green Thumb Industries and Verano Holdings have quietly joined forces to operate two dispensaries…

News February 10
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Cannabis MSO Green Thumb nets $100M through initial US stock sale

Cannabis multistate operator Green Thumb Industries said it accepted an offer to sell $100 million of stock to…

News February 9
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Chart showing that while overall marijuana vape sales rose in 2020, market share declined

Marijuana vape market share down as manufacturers work to rebuild consumer confidence

The cannabis vapor pen market sector has lost market share and not grown as fast as the rest…

News February 1
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Marijuana companies weigh how to approach COVID-19 vaccinations for employees

Cannabis companies are seeking clarity on Covid-19 vaccinations for employees as the pandemic continues to cause logistical challenges…

News January 18
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Have cannabis residency requirements worn out their welcome?

Montana voters passed a recreational marijuana initiative on Election Day that will require licensed operators to be state…

News January 17
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Cannabis MSO Cresco prices Canadian share offering to raise $125 million

Chicago-based multistate cannabis operator Cresco Labs priced an overnight marketed share offering, designed to raise roughly $125 million,…

News January 15
Adult-use marijuana sales illinois
Chart showing Illinois first year recreational marijuana sales and how it might be underperforming

Are recreational marijuana sales in Illinois underperforming given the state’s large population?

While Illinois topped $1 billion in total cannabis sales in 2020 as consumers scooped up adult-use products, the…

News January 12
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Oregon marijuana sales reach record $1 billion-plus in 2020

Recreational cannabis sales exceeded $1 billion in Oregon last year, coinciding with the coronavirus pandemic outbreak and mirroring…

News January 8
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Illinois on pace to surpass $1 billion in cannabis sales for 2020

Despite 2020's major challenges, cannabis businesses in Illinois are expected to post sales totaling more than $1 billion…

News January 4
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University of Mississippi marijuana research

DEA might start issuing cannabis cultivation permits in early 2021

After years of delay, the U.S. Drug Enforcement Administration could soon begin issuing licenses to businesses and institutions…

News December 24
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