Illinois: Page 20

Is the Coronavirus Crisis Slowing Down Social Equity in Cannabis?

Advocates and business owners are concerned that the fallout from the COVID-19 pandemic is delaying the creation of an equitable cannabis industry.

Illinois Adult-Use Cannabis Sales Reach $61 Million in July

July’s figures set a new sales record for the state.

Chicago-Based Cannabis Company NuMed Changes Name to NuEra

The business, which operates three dispensary locations, is now vertically integrated after taking over ownership of the Hillcrest Cultivation Center in Rochelle, Ill.

Hawaii Legislature Approves Bill Allowing Cannabis Edibles, Illinois Collects More Than $52 Million in Adult-Use Tax Revenue to Date: Week in Review

This week, lawmakers in Hawaii sent a bill to Gov. David Ige that would allow the state’s eight medical cannabis licensees to sell edibles.

Illinois Collects More Than $52 Million in Cannabis Tax Revenue During First Six Months of Legal Adult-Use Sales

The figures shatter Gov. J.B. Pritzker’s budget estimates, which predicted the state would collect $28 million in cannabis tax revenue by June 30.

Lawmakers in Virginia, Pennsylvania Push for Cannabis Legalization, Arkansas Campaigns Run Out of Time to Qualify Adult-Use Initiatives for 2020 Ballot: Week in Review

This week, a Virginia Delegate announced plans to legalize adult-use cannabis in a special session of the legislature, while a Pennsylvania Senator urged the governor to consider legalization.

Illinois Cannabis Sales Top $47 Million in June

June now holds the record for the highest sales figures in the state.

New Terms Announced for Canopy Growth-Acreage Holdings Merger, California Extends Cannabis License Fee Deferrals: Week in Review

This week, Canopy Growth and Acreage Holdings amended the terms of their merger deal, which has significantly dropped in value.

Illinois Again Delays Awarding New Cannabis Licenses

The state had planned to issue craft grow, infuser and transporter licenses July 1, but Gov. J.B. Pritzker instead issued an executive order to delay the permits indefinitely.

Cresco Co-Founder Leaves Company’s Board of Directors, Vireo Health Severs Ties with Former Canopy Growth CEO Bruce Linton: Week in Review

This week, Joe Caltabiano resigned from Cresco’s board of directors after leaving his role as president in March.

Cresco Labs Appoints Michele Roberts to Board of Directors

Roberts also serves as the executive director of the National Basketball Players Organization.

High Times Enters Strategic Agreement with Red White & Bloom

The partnership allows High Times to enter the Michigan, Illinois and Florida markets.

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