Illinois cannabis

Jon Levine, CEO of multi-state cannabis operator, MariMed (OTC: MRMD), and Erik Sloane, Global Head of Corporate Listings at Cboe Canada, discussed the evolving Illinois cannabis market at the Benzinga Cannabis Capital Conference. Levine noted their strong management team, emphasizing their...

"We are getting almost a third, nearly 30% of the revenue that we get from the cannabis industry comes from people coming to Illinois and spending money at dispensaries," said Governor J.B. Pritzker recently. This is especially noteworthy, considering neighboring states like Michigan and...

Illinois cannabis prices are among the highest in the country, yet the state is still pulling in positive marijuana revenue, Governor J.B. Pritzker recently said. "We are getting almost a third, nearly 30% of the revenue that we get from the cannabis industry comes from people coming to...

The 13-day unfair labor practice strike led by Teamsters Local 777 in May at two Rise Cannabis dispensaries in Joliet and one in Niles, Illinois, which forced parent company Green Thumb Industries Inc. (CSE: GTII) (OTCQX: GTBIF) to raise wages by 50%, has reached its conclusion. What Happened...

Curaleaf Holdings, Inc. (CSE: CURA) (OTCQX: CURLF) announced on Tuesday the launch of Zero Proof, a new brand of THC drinkables in fast-acting, sessionable and easy-to-use formats. The brand's inaugural product offering, Squeeze, is now available at all Curaleaf locations in Illinois. Zero...

The introduction of recreational cannabis sales has brought about significant shifts in the medical marijuana (MMJ) landscape across several states, impacting sales and patient counts. In many states, MMJ sales have experienced double-digit declines following the onset of recreational sales....

Maryland's recreational cannabis sales, which began in July 2023, surged impressively in just the first month, reaching $87.3 million. According to analysis firm, Zuanic & Associates, this significant growth, although promising, falls slightly short of expectations given the state's...

Maryland's Allure In Maryland, the recreational cannabis market hit the ground running, amassing $87.3 million in July sales. While this marks a significant boost from previous medical sales, it also reflects the broader trend of robust initial sales observed in many newly launched markets....

Illinois' cannabis landscape is experiencing a dynamic transformation, showcasing both significant milestones and persistent challenges in its journey toward inclusivity and expansion. Gov. Jay Robert "J.B." Pritzker (D), a driving force behind this evolution, is set to take center...

Illinois' cannabis retailers sold $140 million in weed products in July, breaking a record for 2023 and marking the second-highest monthly total since legal sales launched in 2020. Illinois is hosting the Benzinga Cannabis Capital Conference in Chicago on Sept 27-28.  The...

Illinois Tackles War On Drugs Fallout With New Law The new seeks to make reintegration of individuals who have been released from incarceration back into society easier, reported The Center Square. Illinois Gov. J.B. Pritzker signed Senate Bill 423 into law on Friday. The legislation also...

Washington State Introduces Online Portal For Refunding Unconstitutional Drug Prosecution Fees Washington now has an online portal for the thousands who face legal fees due to their prosecution under drug criminalization laws, which were subsequently deemed unconstitutional...

The world of cannabis regulations is ever-evolving, with several significant developments taking place across different regions. Edibles Marijuana Overdoses In Oklahoma Oklahoma grappled with a concerning surge in accidental marijuana consumption in 2022. Over 580 cases were reported —...

Zuanic & Associates' latest Key States equity report takes us "in the weeds" with state-level data, revealing crucial insights and trends that may impact the industry in the year ahead. Key Trends: State-Level Data Despite fundamentals taking a backseat to federal reform news flow...

State Data Provides Crucial Insights on Medical Marijuana, Influences Federal Classification Review Several states with medical marijuana programs, including Illinois, Maryland, Massachusetts, Minnesota, and Utah, have shared crucial data on marijuana use and its effects with U.S. health regulators...