Illinois

Rivian Automotive Inc. (NASDAQ:RIVN) will receive $16 million in state incentives and tax breaks as the EV maker looks to expand its manufacturing unit in Illinois and build a supplier park. What Happened: The company will receive the incentives from the local government, which includes tax breaks...

Lightning has struck twice in Des Plaines, Illinois. Just three years after a record-breaking Mega Millions jackpot was won in the suburb, another lucky player has claimed a multi-million dollar prize. What Happened: A single ticket purchased at a Mobil gas station on Golf Road matched all six...

The Trump administration launched an immigration enforcement blitz in Chicago on Sunday, Immigration and Customs Enforcement (ICE) confirmed in a statement. ICE agents are expected to be joined by officials from several more agencies in the multi-day operation that will soon spread across the...

With the Benzinga Cannabis Capital Conference in Chicago this week, now is an ideal time to review the laws and history surrounding cannabis in Illinois. The state has made considerable progress in its cannabis legislation, legalizing both medical and recreational use, which continues to shape the...

Illinois is breaking new ground in the cannabis industry with the grand opening of its 100th social equity-owned dispensary in Champaign. The event celebrates the expansion of the cannabis market and the state’s commitment to fostering diversity and inclusion. A recent state-commissioned...

Illinois’ retail cannabis market reached a major milestone earlier than anticipated, with sales surpassing $1 billion by July, as announced by Governor JB Pritzker‘s office. This early achievement includes over $850 million in adult-use cannabis sales and nearly $150 million in medical...

As Illinois’ cannabis market continues to grow, anticipation builds for the upcoming Benzinga Cannabis Capital Conference, set to take place in Chicago this fall. This premier event, renowned for bringing together industry leaders and investors, will highlight recent sales trends and future...

Leading sports betting company DraftKings Inc (NASDAQ:DKNG) was sized up by an analyst in a new note with a look ahead at the impact of the acquisition of digital lottery company Jackpocket. The DraftKings Analyst: Goldman Sachs analyst Ben Miller has a Buy rating and $60 price target on DraftKings...

Since Colorado and Washington became the first states to legalize adult-use cannabis sales in 2014, a green wave has swept over the U.S.  This progressive shift has not only transformed social norms but also yielded surprising financial benefits for participating states. A new report by...

In May 2024, the Illinois Department of Financial and Professional Regulation noted a significant increase in adult-use cannabis sales, amounting to $144.5 million – a 9.5% rise from April 2023’s $132 million. However, sales experienced a slight decline from March’s $148.9 million...

Illinois Gov. J.B. Pritzker stumped for President Joe Biden in Michigan over the 4/20 weekend, and he praised the president's cannabis policy reforms and highlighted the economic benefits that states with legal cannabis have enjoyed. "I wanted to come up here on 4/20, because we, too, legalized...

Former President Donald Trump has been eliminated from the Illinois state ballot by a local judge, marking the third state to make such an attempt. What Happened:  Judge Tracie Porter of Cook County, Illinois, delivered the extensive ruling on a Wednesday, directing the state election...

In a recent development, former President Donald Trump will remain on the Illinois primary ballot. This decision comes despite a challenge based on the Constitution’s Insurrection Amendment. What Happened: The Illinois elections board unanimously decided to keep Trump on the state’s...

An Illinois family almost saw their holiday plans go awry when they mistakenly purchased $10,000 in Disney+ gift cards, thinking they were buying theme park tickets. What Happened: Andie Coston, a 41-year-old social worker, took to TikTok to share her parents’ blunder, reported Business...

MariMed Inc. (OTC: MRMD) retail footprint has once again expanded, as the company officially unveiled an adult-use Thrive dispensary in Casey, Illinois. This marks the fifth dispensary in operation within the state of Illinois and the 12th dispensary in MariMed’s expanding...