Illinois: Page 16

Illinois Adult-Use Cannabis Sales Hit New High, Topping $109 Million in March

With recreational sales surpassing $100 million in one month, dispensaries and wholesalers had to adjust daily operations to effectively manage the influx of sales.

Parallel Chairman & CEO Beau Wrigley Talks CPG, R&D and Market Expansion

In this wide-ranging interview, Wrigley shares how his experience running the legacy Wrigley gum and candy brand has positioned the company for exponential growth as it gears up to go public this summer.

Cresco Labs Ends Lawsuit Against Co-Founder Joe Caltabiano

The multistate operator alleged in a British Columbia court that Caltabiano created a “toxic work environment” for employees and disregarded regulatory compliance, among other claims.

New Cannabis Products Set to Hit Illinois Market This Year

Ascend Wellness Holdings expands its product line featuring 1906’s fast-acting “Drops.”

West Virginia Announces Dispensary Licenses, California Approves Cannabis Banking Regulations: Week in Review

Medical cannabis patient registration also opened in West Virginia this week.

Illinois Lawmaker Renews Push to Create New Cannabis Retail Licenses

A similar proposal cleared the Illinois Senate last month before ultimately stalling in the House.

Simply Pure Developing Franchise Model, Cause-Based Brand

The company plans to partner with social equity licensees to establish firm footholds in the industry and obtain generational wealth.

Virginia Governor Unveils Cannabis Legalization Proposal, Mexico Publishes Medical Cannabis Regulations: Week in Review

Virginia Gov. Ralph Northam has proposed an adult-use legalization bill that would allow sales to start Jan. 1, 2023.

Illinois Senate Approves Legislation Aimed at Improving Social Equity in Cannabis Licensing Process

The bill would establish two systems for the state’s lottery for dispensary licenses, as well as create a new lottery for 75 additional retail licenses.

Several States Call for Renewed Cannabis Legalization Efforts, New Jersey Makes Changes to Adult-Use Bill: Week in Review

Lawmakers in Missouri, Minnesota, New York, Virginia and Connecticut have renewed efforts to legalize adult-use cannabis, while an Alabama senator announced plans to reintroduce a medical cannabis legalization bill.

Illinois Lawmakers to Create 75 New Cannabis Retail Licenses

The move is meant to give disadvantaged and minority applicants a second chance at licensing following the controversial lottery to issue an initial 75 dispensary licenses.

Dispute Over Cannabis Cultivation License Heads to Illinois Supreme Court

Curative Health Cultivation LLC and Medponics Illinois LLC are battling over a license to grow cannabis for the state’s medical and adult-use markets.

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