Latest In: Illinois

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
cann cannabis edibles cannabis pre-rolls cresco labs Headset infused pre-rolls marijuana edibles marijuana flower marijuana pre-rolls Wana
Image of a pre-roll shaped like a white rose and sold by Made in Xiaolin.

Premium marijuana brands report steady sales despite shaky economy

Despite economic uncertainty, luxury cannabis products continue to attract discerning consumers seeking premium experiences.

News September 25
branding cannabis marketing cookies Kanha Global marijuana marketing MJBizCon 2024 sports sunderstorm
Image of Angela Cheng

Audience and purpose drive cannabis sales: Q&A with Kanha Global’s Angela Cheng

Targeted marketing plans that align with local and cultural values are essential for marijuana companies seeking to maximize…

News September 19
cannabis Green Thumb Industries marijuana recreational marijuana
Image depicting cannabis stocks.

Cannabis MSO Green Thumb Industries announces share-buyback program

Cannabis multistate operator Green Thumb Industries' board authorized a $50 million share-repurchase program over the next 12 months.

News September 16
Ben Kolver cannabis banking credit facility debt refinancing Green Thumb Industries GTI
Image of a businessperson fanning out money

Cannabis MSO Green Thumb Industries refinances via $150 million credit facility

Chicago-based Green Thumb Industries plans to use the proceeds and existing cash to retire its $225 million senior…

News September 12
MJBizCon Logo