Tag: CBT > State by State: Illinois: Page 9

Legislation and Regulation

Illinois Social Equity Advocates, Business Leaders Call on State Officials to Allow Them to Begin Operations, Address Other Concerns in Market

In response, deputy Gov. Christian Mitchell said in a segment with Chicago PBS station WTTW that state officials are working to issue social equity loans to qualifying business owners. He also said he has heard differing opinions from licensees about selling business equity.

September 9, 2022

Illinois

Southern Illinois University Carbondale to Host Meeting to Examine Hemp’s Potential

The symposium will address various topics related to hemp fiber and seed crops and their produced products.

September 9, 2022

Finance

Illinois Cracks $1 Billion in Adult-Use Cannabis Sales So Far in 2022

The state’s retail market is humming along with a 16% increase in sales compared to 2021.

September 6, 2022

Illinois

Illinois Awards Final Round of Adult-Use Cannabis Dispensary Licenses

Regulators have issued 185 total retail licenses to social equity applicants.

August 31, 2022

Finance

Cresco Labs Announces Second Quarter 2022 Results

Company reports 4% year-over-year revenue growth and 11% year-over-year adjusted EBITDA growth; continues industry leadership with branded product performance and retail productivity.

August 18, 2022

Illinois

Illinois' First Black-Owned Cannabis Brand 93 Boyz Puts Social Equity at the Forefront

American rapper and singer Vic Mensa is striving to provide education and equity for communities impacted by the war on drugs through 93 Boyz.

August 16, 2022

Illinois

Illinois Issues Third Set of Conditional Adult-Use Cannabis Dispensary Licenses

Gov. JB Pritzker and the Illinois Department of Financial and Professional Regulation awarded five additional licenses last week.

August 15, 2022

Illinois

MariMed Acquires Fifth Adult-Use Dispensary License in Illinois

The dispensary license is for the BLS District #16, which is situated in the Central-Eastern part of Illinois, bordering Indiana.

August 8, 2022

Legislation and Regulation

Illinois Lawmaker Plans to File Legislation to Streamline Cannabis Regulations

Rep. Marcus Evans wants to create a cannabis commission mirrored after the state’s liquor and gaming commissions.

August 4, 2022

Cannabis License Application

Illinois Issues Second Round of Conditional Adult-Use Cannabis Dispensary Licenses

Gov. JB Pritzker and the Illinois Department of Financial and Professional Regulation awarded 28 additional retail licenses July 29.

August 1, 2022

Cannabis Sales Trends

Illinois Adult-Use Cannabis Sales Reach $1.5 Billion

Sales are up 50% from last year, and the state has received nearly $450 million in tax revenue.

July 26, 2022

Illinois

Illinois Awards First Batch of Conditional Adult-Use Cannabis Dispensary Licenses

Gov. JB Pritzker and the Illinois Department of Financial and Professional Regulation have issued 149 conditional licenses to applicants selected in the three licensing lotteries that were held last year.

July 25, 2022