Marijuana Business This Week: Nevada license hearing, hemp lending guidance, SC mulls medical cannabis & more
Here are some notable stories and events to watch for in the coming days: ASCENT LICENSE HEARING: Representatives…
News April 8
Latest In: Illinois
Illinois Senate OKs bill to shield banks serving marijuana businesses
The Illinois Senate on Thursday passed legislation that would bar state regulators from penalizing or discouraging banks and…
News April 4
Illinois Senate panel OKs adult-use cannabis bill, but details are pending
An Illinois Senate committee voted to advance a placeholder bill that lawmakers can amend later to legalize a…
News April 4
Illinois Senate panel passes bill to protect banks serving cannabis businesses
An Illinois senate committee voted to advance a bill that would prohibit the Illinois Department of Financial and Professional…
News March 21
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
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
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