Illinois: Page 11

Ayr Wellness Closes Acquisition of Herbal Remedies Dispensaries, LLC

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

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.

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.

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.

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.

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.

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.

Cannabis Excise Tax Revenue Outpacing Alcohol in 7 States

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

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.

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.

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.

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.

Previous Page

Page 11 of 39

Next Page