Latest In: Illinois

Cantor Fitzgerald Cowen MedMen Enterprises
Chart showing revenue, expenses and stock prices for Medmen in 2020

Marijuana MSO MedMen fights to turn around finances, but challenges linger

Financially strapped MedMen Enterprises is showing modest improvement, raising the possibility that the California-based multistate marijuana operator has…

News December 21
cannabis capital partners Illinois marijuana Platinum Vape Red White & Bloom
Image of stacks of $100 bills

Red White & Bloom borrows $60 million to buy Illinois marijuana grow facility

Toronto-based marijuana multistate operator Red White & Bloom Brands secured a $60 million loan, then signed a definitive…

News December 18
altmed reverse takeover Verano Holdings
marijuana stock Canadian Securities Exchange

Marijuana firm Verano plans to go public at $2.8 billion valuation

Multistate marijuana company Verano Holdings signed a definitive agreement to go public on the Canadian Securities Exchange at…

News December 14
cannabis funding cresco labs Debt financing
Image of a businessperson fanning out money

Marijuana MSO Cresco Labs doubles loan size to $200 million

Multistate marijuana operator Cresco Labs has extended the maturity of a senior secured loan and boosted the size…

News December 14
acreage holdings capital raise The Pelorus Fund
Image of a businessperson fanning out money

Cannabis MSO Acreage inks $12 million loan to expand Illinois operation

Multistate cannabis operator Acreage Holdings said Wednesday it has agreed to a $12 million construction loan to complete…

News December 2
Illinois adult-use cannabis illinois medical cannabis

Illinois cannabis industry seeks end to MMJ-recreational retail relocation rule

Cannabis industry insiders in Illinois are calling on state lawmakers to allow certain existing medical marijuana dispensaries to…

News November 17
Gov. J.B. Pritzker Illinois adult-use marijuana social equity
Image of Lady Justice

Rescoring of retail marijuana licenses in Illinois allowed to proceed

An Illinois judge rejected a request to stop state regulators from rescoring retail marijuana license applications, moving a…

News November 13
marijuana legalization state regulators

Marijuana regulators across US to share best practices, offer advice

Marijuana regulators from 19 states have established a nonpartisan organization to share best practices and industry knowledge.

News November 12
altmed Harvest Health & Recreation merger Verano

Private multistate marijuana giants Verano and AltMed to merge, creating 14-state operator

Marijuana multistate operator Verano Holdings on Wednesday announced a definitive agreement to acquire Florida-based Alternative Medical Enterprises (AltMed)…

News November 11
2020 election colorado marijuana Illinois marijuana

Colorado, Illinois cannabis industries set for gains after ballot measures

The recreational marijuana industry is poised to expand further in Colorado and Illinois, where voters in several municipalities…

News November 6
MJBizCon Logo