Illinois cannabis

Grown Rogue International Inc (OTCPK: GRUSF) (CSE:GRIN), renowned for its craft cannabis lineage rooted in Oregon’s Rogue Valley, has unveiled plans to enter the Illinois cannabis landscape. This move is cemented by a partnership with EBC Ventures, establishing Rogue EBC LLC, a joint venture...

In a recent episode of Benzinga's Cannabis Insider podcast, Cam Horan, managing partner of Highway 33 Capital Advisory shared an optimistic outlook for the cannabis industry, particularly highlighting the potential for substantial growth and recovery in 2024.  “We’re very excited about...

Biden Administration Official Denies Rumor That DEA Is Rescheduling Cannabis Anytime Soon  Adrian Snead, a partner in the Washington, D.C. office and member of the firm’s Government & Regulatory Affairs and Litigation Practice Groups, who also worked with SAFER Banking sponsor Sen. Jeff...

Illinois's cannabis sales have surpassed $1.6 billion in 2023, marking the third consecutive year of substantial growth in this sector. Governor JB Pritzker's administration announced a record-breaking year in adult-use cannabis sales in Illinois on Thursday, reported the Illinois...

The Illinois Supreme Court is deciding on whether the smell of marijuana alone provides enough grounds for police to search a vehicle. On Wednesday the court heard arguments from two cases of individuals whose cars were searched based on the police saying they detected the smell of weed, reported ...

The holiday season is here. It's time to kick back, relax and try some of the cannabis products from new shops with new products. Florida Gets New MMJ Stores RISE Dispensaries, a cannabis retail chain owned by Green Thumb Industries Inc. (CSE: GTII) (OTCQX: GTBIF) opened two RISE...

4Front Ventures Corp. (CSE: FFNT) (OTCQX: FFNTF) announced its third quarter financial results on Monday for the three months ended Sept. 30, 2023, revealing an 18% year-over-year drop in revenue. However, in Illinois the company’s wholesale revenue nearly tripled over the same period,...

After setting yet another record in September with $139.53 million in monthly marijuana sales, Illinois saw a slight decline in cannabis products sold over the past month. Total cannabis sales amounted to $138.8 million in October, reported New Cannabis Ventures, citing data from the Illinois...

4Front Ventures Corp. (CSE: FFNT) (OTCQX: FFNTF) has entered into a $10 million senior secured credit facility agreement with ALT Debt II, LP, an affiliate of Altmore Capital. What Happened The funds will be disbursed in two tranches and are committed to building out the company's retail...

“Appreciate the opportunity to be here today,” said keynote speaker Charlie Bachtell, co-founder & CEO of Cresco Labs Inc (OTCQX: CRLBF) at the September Benzinga Cannabis Capital Conference panel discussion, moderated by Debra Borchardt, executive editor at Green Market Report...

“This is incredibly hard,” said Tahir Johnson, CEO of Simply Pure Trenton, at the recent Benzinga Cannabis Capital Conference in Chicago. These words encapsulated the journey of individuals who strived to succeed in the cannabis industry, a sector filled with challenges and...

Illinois' Legal Marijuana Industry Booms According to a new annual report from the Illinois Department of Financial and Professional Regulation (IDFPR), the legal cannabis industry in Illinois experienced remarkable growth in fiscal year 2023. Year-to-date the state's retail cannabis...

Recreational marijuana sales in Illinois began three years ago yet this September a record number of cannabis products were sold - 3.68 million, with sales totaling $139.53 million. Out-of-state residents contributed $34.46 million to that and the rest, $105.07 million, was...

A recent DEA report highlighted a significant decrease in cannabis testing conducted by drug analysis laboratories, coinciding with the growing wave of marijuana legalization across the U.S. As reported by Marijuana Moment, the DEA's National Forensic Laboratory Information System (NFLIS)...

Workers at five Sunnyside Dispensaries — a subsidiary of multi-state cannabis operator Cresco Labs Inc. (CSE: CL) (OTCQX: CRLBF) (FSE: 6CQ) — have reached tentative agreements for first union contracts with Teamsters Local 777. Why It Matters The contracts at the Illinois dispensaries...