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
Latest In: Illinois
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
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
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
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
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
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
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
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
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
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