Tag: CBT > State by State: Illinois: Page 10

Finance

MariMed Completes Two Acquisitions in Maryland and Illinois

Multistate operator MariMed recently locked down two new acquisitions: Kind Therapeutics, in Maryland, and Green Growth, in Illinois.

May 5, 2022

Finance

Illinois Adult-Use Cannabis Sales Up 14.6% From Last April

Day-tripper purchases continued to play a key role in the nation’s third-largest adult retail market, which recorded $131.8 million in sales last month.

May 4, 2022

Finance

Cannabis Excise Tax Revenue Outpacing Alcohol in 7 States

And yet tobacco remains the leader of the sin tax pack in the U.S.

April 26, 2022

Illinois

New Lawsuit Says Illinois Cannabis Regulators Discriminated Against Out-of-State Dispensary Applicants

The state cannot issue any of the 185 cannabis retail licenses it allocated during a series of three lotteries last summer until the latest legal challenge has been settled.

April 5, 2022

Finance

These 8 States Sold $12.8 Billion of Adult-Use Cannabis in 2021

Colorado’s per-capita sales estimate of $429 for its 21-and-older population topped the chart.

April 4, 2022

Finance

Cresco Labs Announces Fourth Quarter, Full Year 2021 Results

The company reports 73% year-over-year revenue growth and 219% adjusted EBITDA growth in 2021.

March 23, 2022

Finance

Cresco Labs Targets $2B Acquisition of Columbia Care

Expected to close in the fourth quarter of 2022, the deal would be one of the largest in the U.S. cannabis industry.

March 23, 2022

Illinois

Illinois Judge Lifts Injunction, Allows State to Issue 60 Craft Grow Licenses

The cannabis licensing process had stalled following litigation brought by unsuccessful applicants.

March 17, 2022

Legislation and Regulation

Illinois Aims to Simplify Cannabis Retail Licensing Process

The Department of Financial and Professional Regulation is filing new rules to streamline the applications.

March 16, 2022

Legislation and Regulation

Illinois Bill Would Bar Employers From Firing Employees for Using Cannabis

House Bill 4116 passed the House March 3 and now goes to the Senate for consideration.

March 7, 2022

Finance

Verano Draws $100 Million to Fund Strategic Growth Initiatives

The funding will provide Verano with flexibility to drive internal expansion efforts, as well as near- and long-term growth strategies.

March 2, 2022

Illinois

Ayr Wellness Announces Changing Legacies Expungement Series

The company is teaming up with community partners in five states to assist individuals in obtaining a fresh start.

February 22, 2022