Tag: CBT > State by State: Illinois: Page 12

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

California

Cresco Labs Announces Social Justice Documentary Premiere

The documentary “The Sentence of Michael Thompson” will premiere at Santa Barbara International Film Festival and screen at South by Southwest.

February 14, 2022

Illinois

Illinois Supreme Court Denies Request to Allow State to Name Craft Grow License Winners

Cannabis company 1837 Craft Grow LLC had asked the court to modify an order from a lower court that bars state officials from naming the licensees until litigation is settled.

January 31, 2022

Legislation and Regulation

Illinois Lawmaker Files Legislation to Limit the Amount of THC in Cannabis Products

The measure, which would cap the amount of THC at 10% for flower and 15% for concentrates, has faced opposition from the state’s dispensaries.

January 26, 2022

Illinois

No End in Sight? Illinois Craft Grow Applicants Wait in Limbo as Litigation Drags On

Attorneys from Greenspoon Marder discuss the recent motion filed in the Illinois Supreme Court to let the state name the winners of the craft grow licenses.

January 18, 2022

Mergers and Acquisitions

MariMed to Acquire Illinois Craft Cannabis License

The company’s definitive agreement to acquire Green Growth Group will allow for vertically integrated cannabis operations.

January 18, 2022

Illinois

Cresco Labs Will Launch the Illinois Cannabis Education Center in Chicago

The former site of a licensed dispensary, this new platform will allow for workforce development and job training.

January 18, 2022

Finance

Illinois Adult-Use Cannabis Sales Reach $1.38 Billion in 2021

The state also set a new record in December, when adult-use sales hit $138 million.

January 7, 2022

Illinois

Cannabis Company to Illinois Supreme Court: Let the State Name the Winners of Craft Grower Licenses

1837 Craft Grow LLC has filed a motion to modify a court order that bars state officials from naming the licensees until litigation is settled.

January 7, 2022

D.C.

Marijuana Policy Project Announces New President and CEO

Toi Hutchinson, former Illinois chief cannabis regulator and former Illinois state senator, will take the helm in January.

December 20, 2021

Finance

Live Resins: Part of a Balanced Cannabis Menu

Made from fresh-frozen cannabis flower, these high-terpene products saw an increase in popularity that was mainly supply driven in 2021.

December 17, 2021