Illinois

Thai Doctors Seek To Suspend Cannabis Decriminalization Thailand became the first South-East Asian country to decriminalize marijuana last month after the government removed the substance from the banned Category 5 narcotics list. This allowed Thais to grow cannabis plants at home and sell the crop...

On Thursday, Illinois officials announced - through the Restore, Reinvest, and Renew (R3) program - the awarding of $45 million in grants funded by marijuana tax revenue to support community reinvestment in areas “hardest hit by the failed war on drugs,” reported Marijuana...

The Allman Brothers are joining a growing number of celebrities who are getting into the cannabis movement, Green Market Report writes. The band is launching a strain in Illinois they're calling Chocolate Chunk. The Indica dominant strain is available for purchase in 3....

After a rough start with cannabis sales plunging 15% to $117.3 million in January, the Illinois marijuana market has rebounded in February and March and is now on track to hit yet another record. In April, recreational cannabis sales totaled $131.8 million, representing a 0.6%...

After rebounding in February from a weak January, adult-use cannabis sales got back on track in March. Sales of $131 million rose 15% from February, as compared to a year ago when growth fell from 41% to 20%. The state’s roaring 2021 adult-use sales of $1.38 billion...

With nearly three-quarters of all U.S. states now allowing for legalized medical marijuana and more than a third having given the green light to adult-use cannabis, the plant is quickly becoming mainstream and destigmatized. Still, issues such as discrimination in the...

Illinoisans who enjoy or need cannabis no longer have to fear being fired as a new bill recently approved by the state’s House of Representatives seeks to prohibit most employers from letting go of workers or discriminating against job applicants for testing positive for marijuana...

After hitting a record in December of $140 million, Illinois adult-use cannabis sales plunged 15% to $117.3 million in January. Still, it’s a year-over-year increase of 32%. In 2021, adult-use cannabis sales in the state amounted to nearly $1.4 billion - more than double the figure from the...

Recreational cannabis sales in Illinois hit $120.75 million in November, down 2.1% from October and 5.6% from the all-time high of $128 million in July. Adult-use sales spiked 113% year-over-year to $1.24 billion so far, after reaching a $1 billion milestone in October. This is the ninth...

Amid the green wave expected in the northeast including New Jersey, Connecticut, New York and Virginia, Pablo Zuanic, analyst at Cantor Fitzgerald reviewed economic trends in four states that have legalized the recreational use of cannabis: Illinois, Michigan, Massachusetts and Arizona. Except for...

In a recent article, Cann co-founder Jake Bullock spoke with New Cannabis Ventures (NCV) about how Cann’s products are formulated and how he sees the beverages category growing. For starters, Cann has expanded significantly over the past year and a half; it now has 35 full-time employees...

Vertically integrated cannabis company Jushi Holdings Inc. (CSE: JUSH) (OTCQX: JUSHF) reported Monday that its partner Northern Cardinal Ventures, LLC was awarded a conditional retail dispensary license in Illinois via the state’s lottery process. The Boca Raton-based company, which is an...

Cannabis company Green Thumb Industries Inc. (CSE: GTII) (OTCQX: GTBIF) will start accepting applications to its LEAP New Business Accelerator on Sunday, August 1. “We’re thrilled to see Green Thumb’s home state of Illinois take meaningful steps to pursue diversity and equity in...

Illinois cannabis taxes exceeded liquor taxes in the first three months of 2021, according to the state Department of Revenue. It’s the first time the Prairie State generated more tax revenue from cannabis than alcohol, Marijuana Moment writes. Marijuana tax revenue amounted to $86,537,000 in...

Illinois has hit another record in marijuana sales, surpassing $100 million in March. According to the state Department of Financial and Professional Regulation, a total of 2,317,315 marijuana items worth $109,149,355 were sold over the period. March sales have beaten February ones by over $28...