Latest In: Illinois

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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
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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
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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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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
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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
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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
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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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Chart: Illinois medical marijuana sales strong ahead of opioid-alternative program

Illinois’ medical marijuana program posted steady growth in 2018, pulling in $133 million in dispensary sales while increasing…

News January 21
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Opportunities & challenges cannabis entrepreneurs face in 2019

Marijuana professionals will have an abundance of business opportunities, questions and challenges on their radar in 2019. What…

News January 2
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