Latest In: Illinois

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Illinois cannabis license caps might bode well for new market entrants amid pandemic, economic downturn

The conventional wisdom might be that this is the worst time to launch a recreational marijuana operation from…

News April 16
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Raises, professional development courses boost cannabis workers’ morale during COVID-19 pandemic

In states where cannabis businesses have been deemed essential, employees at many companies are being asked to continue…

News April 14
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Week in Review: Cannabis firm iAnthus can’t make interest payments, MA gov sued, COVID-19 causes slide in adult-use marijuana sales & more

Multistate marijuana operator iAnthus defaulted on interest payments, in part blaming the coronavirus. In addition, the New York-based…

News April 11
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Advocates say cannabis multistate operators lag on social equity leadership, but opportunity remains

The U.S. cannabis industry's record on social equity is patchy at best, and it is the large multistate…

News April 7
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Marijuana giant Green Thumb’s president steps down

Armen Yemenidjian resigned as president of multistate cannabis operator Green Thumb Industries.

News April 7
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Illinois adult-use marijuana stores sell $110 million in first three months

Adult-use cannabis stores in Illinois sold almost $110 million in products in the first quarter of 2020, state…

News April 6
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Big cannabis companies scale back amid coronavirus, raising questions about industry’s overall health

The COVID-19 outbreak is causing serious jitters among large cannabis companies, with a growing list of multistate marijuana operators…

News April 3
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Wholesale marijuana snapshot: A review of prices in adult-use markets

Over the past several weeks, Marijuana Business Daily took a deep dive into average wholesale prices in state-legal…

News April 3
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US markets that have allowed marijuana businesses to remain open during coronavirus pandemic stay-at-home orders

Most state governments around the nation have deemed medical marijuana companies "essential" during the coronavirus pandemic, meaning the…

News April 2
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Cannabis giant 4Front cuts workforce, appoints new CEO

Multistate marijuana operator 4Front Ventures on Monday said it has slashed its corporate workforce by almost 40% and…

News March 30
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