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

Illinois

Illinois Adult-Use Cannabis Sales Hit $2.8 Billion in First 2 1/2 Years

The state’s 2022 sales are up 20% over the first sixth months of 2021.

July 6, 2022

Illinois

Illinois Judge Lifts Court Order, Allows Craft Grow Cannabis Licensees to Proceed With Business Plans

Winnebago County Circuit Judge Stephen Balogh ruled that the plaintiffs in a lawsuit filed earlier this month to challenge the licensing process must file the suit under administrative review law.

June 16, 2022

Illinois

New Court Order Puts Illinois Craft Grow Cannabis Licenses On Hold Again

Winnebago County Associate Judge Stephen Balogh issued an order June 6 that bars all craft grower licensees from operating until new litigation is resolved.

June 15, 2022

Cannabis Sales Trends

Illinois Adult-Use Cannabis Retailers Record Nearly $2.7 Billion Since Legalization

Cannabis shoppers in The Prairie State spent more than $129.8 million at adult-use dispensaries in May.

June 3, 2022

Legislation and Regulation

Illinois Awards 48 Craft Grow Cannabis Licenses

The licenses had been delayed due to litigation brought by unsuccessful applicants.

June 2, 2022

Illinois

Verano Announces Exclusive Partnership With The Weldon Project’s Mission Green

The multistate operator will contribute $50,000 and match donations to advance the organization’s cannabis clemency and advocacy initiatives.

June 1, 2022

Illinois

Judge Ends Court Order, Allows Illinois to Issue 185 New Cannabis Dispensary Licenses

Cook County Circuit Judge Michael Mullen has lifted the stay that was issued last year to bar the state from awarding the licenses until ongoing litigation was settled.

May 31, 2022

Illinois

Ayr Wellness Closes Acquisition of Herbal Remedies Dispensaries, LLC

Ayr Wellness Inc. announced it has closed the definitive agreement to acquire Herbal Remedies Dispensaries.

May 26, 2022

Colorado

Verano Awarded Nearly $100,000 in Attorney’s Fees in Arbitration

The Chicago-based multistate cannabis operator claimed victory in Colorado in arbitration regarding various RICO claims.

May 23, 2022

Illinois

Illinois Begins Issuing Craft Grow Cannabis Licenses

A judge lifted an injunction in March to allow state officials to proceed with awarding 60 licenses that had been held up by litigation.

May 19, 2022

Medical Cannabis Access and Pricing

Verano Launches Mobile Applications, Exclusive Rewards Program For Zen Leaf and MÜV Cannabis Dispensaries

The applications and rewards programs aim to provide broader accessibility, deals and product information across 71 dispensaries in seven states.

May 16, 2022

Finance

Cresco Labs Announces Expiration of HSR Act Waiting Period For Proposed Acquisition of Columbia Care

The end of the 30-day waiting period brings the company one step closer to completing a roughly $2-billion deal by the end of the year.

May 16, 2022