Tag: CBT > Illinois Adult-Use Legalization Cannabis

Interviews & Opinion

Cresco Labs and Columbia Care on Sean 'Diddy' Combs Deal: 'We Didn't Want To Go To Another Cannabis Operator'

Columbia Care CEO Nick Vita explains why he and Cresco Labs CEO and co-founder Charlie Bachtell 'weren't reliant on industry players' for the recently announced sale of some of their cannabis dispensaries and production facilities in New York, Illinois and Massachusetts, and more about what played into the decision to sell now.

November 9, 2022

Illinois

Planet 13 Announces Illinois Dispensary Location

The Waukegan location now awaits approval from state and city regulators.

November 7, 2022

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

Illinois Awards Final Round of Adult-Use Cannabis Dispensary Licenses

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

August 31, 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

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

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