Study: IL medical marijuana growers could meet 4 years of recreational MJ demand
Licensed medical marijuana growers in Illinois would be able to supply adult-use cannabis for four years after legalization,…
News March 21
Latest In: Illinois
Illinois marijuana firm Grassroots closes $90 million raise to expand operations
Chicago-based Grassroots Cannabis said it completed a $90 million capital raise designed to expand the company’s footprint and…
News March 19
IL treasurer: State medical cannabis firms may collapse without banking reform
Illinois Treasurer Michael Frerichs warned legislators the state’s medical marijuana industry could collapse if the state doesn’t take…
News March 18
Cresco to enter FL medical marijuana market via $120M VidaCann purchase
Cresco Labs, a Chicago-based vertically integrated cannabis company, agreed to acquire Florida medical marijuana provider VidaCann in a…
News March 18
Harvest Health sets cannabis industry standard with $850 million acquisition of multistate operator Verano
Arizona-based Harvest Health & Recreation reached a binding agreement to acquire Verano Holdings of Chicago for $850 million,…
News March 11
Report: Demand could overwhelm growers if Illinois legalizes adult-use marijuana
A new report predicts Illinois' 16 licensed marijuana cultivators would be able to supply just 35%-54% of demand…
News March 1
Green Thumb acquires marijuana products brand Beboe
Green Thumb Industries of Chicago has closed its acquisition of Los Angeles-based For Success Holding Co., owners of…
News February 22
Doubling of IL medical cannabis users expected as opioid-option program starts
An industry observer predicted the growing Illinois medical marijuana program will see a surge in the number of MMJ patients…
News February 1
Cannabis business takeaways for week ending Jan. 25 (SLIDESHOW)
Florida’s governor wants to open the state’s medical marijuana market, New Jersey and Illinois offer cannabis as an…
News January 25
IL medical cannabis firms plan for boom around opioid-alternative initiative
Medical marijuana dispensaries in Illinois are preparing for a healthy boost in business with the launch of a…
News January 21
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