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Latest In: Illinois

Gov JB Pritzker Illinois recreational marijuana

Illinois delays awarding 75 recreational marijuana licenses

Illinois will postpone the allocation of 75 additional business licenses for adult-use cannabis stores because of the coronavirus emergency,…

News April 30
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New report analyzes US wholesale cannabis prices across the nation

In the video clip below, Bart Schaneman, cultivation and extraction reporter for Marijuana Business Daily, summarizes pre-coronavirus pandemic wholesale…

News April 22
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What’s your take on COVID-19’s impact on marijuana investments?

A heavily regulated marijuana industry such as Illinois’ and the current status of cannabis in the state might…

News April 16
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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
coronavirus Epidiolex week in review

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
Armen Yemenidjian Green Thumb Industries president resignation

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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