Latest In: Illinois

default illinois innovative industrial properties Jeremy Unruh lease default Massachsetts michigan new york ohio Pennsylvania pharmacann
Image of a pair of eyeglasses, keys, pen and latptop sitting atop a lease agreement

PharmaCann defaulted on several leases, cannabis REIT alleges

Cannabis real estate manager Innovative Industrial Properties (IIP) is claiming that multistate operator PharmaCann has defaulted on several…

News December 23
Florida marijuana michigan cannabis mjbizcon mjbizcon state takeover ohio state takeover texas Texas hemp Texas hemp lawsuit Texas marijuana
Image of attendees at the Texas State Takeover during MJBizCon 2023

MJBizCon’s State Takeovers offer marijuana networking opportunities by region

The deal flow moves fast on the MJBizCon exhibitor floor, provided you know where to look - specifically,…

News December 3
ACC OF Illinois Transportation cannabis Fade Express Hands to Heart licensing marijuana medical marijuana Moetta’s Transports Piff Patch Reliavan Runway Logistics Services social equity transportation
Image of a delivery van

Marijuana social equity transporters in Illinois file civil rights complaint

A group of seven independent marijuana social equity transporters in Illinois filed a civil rights complaint against the…

News November 7
cannabis Green Thumb Industries recreational marijuana
Silhouette of executives sitting at a boardroom table as the sun sets outside a window

Marijuana company Agrify gets $20M from Green Thumb, shakes up C-suite

A Green Thumb Industries subsidiary is providing $20 million in funding to marijuana cultivation and extraction solutions company…

News November 5
cannabis Chicago Atlantic Real Estate Finance marijuana marijuana funding
Image of cannabis buds sitting atop $100 bills

Chicago Atlantic closes on $50 million loan to fund new marijuana investments

Specialty marijuana finance company Chicago Atlantic Real Estate Finance closed on a $50 million loan to fund future…

News October 23
cannabis illinois medical marijuana recreational marijuana
Close-up image of a $100 bill with Ben Franklin's eyes peaking through a cannabis leaf

Illinois adult-use marijuana sales drop 2% in September to $136.5 million

Adult-use marijuana sales in Illinois were down a little more than 2% in September compared to the same…

News October 18
Betty's Eddies Camino cannabis edibles cannabis edibles prices Green Thumb Industries Grön Incredibles marijuana edibles Off Hours wyld
A U.S. map showing the most popular marijuana edibles brand by state in 2024

Wyld dominates edibles category in adult-use marijuana markets

Wyld is well on its way to becoming the top-selling edibles brand in every state, a goal the…

News October 16
cannabis debt financing Cannect Wellness Duane Morris equity financing equity raise Illinois adult-use marijuana marijuana financing Viridian Capital Advisors
Image of group in business meeting where members of the audience are raising their hands.

Marijuana businesses seek alternatives to debt financing in slow capital market

Cannect Wellness raised $7 million in its second equity funding round; capital raises have been slow due to…

News October 8
cannabis marijuana marijuana banking
Exterior image of Nasdaq headquarters

Marijuana financier Silver Spike closes on portfolio, changes name & ticker symbol

Specialty marijuana finance company Silver Spike Investment Corp. has closed on a portfolio of loans and changed its…

News October 2
4Front Ventures Canaccord Genuity cannabis marijuana recreational marijuana
Image of a businessperson fanning out money

Marijuana MSO 4Front Ventures amends credit facility, seeks to refine fiscal plan

Marijuana multistate operator 4Front Ventures amended its credit facility and enlisted Canaccord Genuity Corp. to hone its financial…

News September 26
MJBizCon Logo