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Score Media and Caesars Entertainment To Provide Sports Betting In Illinois
Monday, March 29, 2021 - 12:23pm | 392Score Media and Gaming Inc’s (NASDAQ: SCR) mobile sportsbook app, theScore Bet, will be available in Illinois later this year, the company announced Monday. What Happened: Under a ten-year agreement with Caesars Entertainment Inc’s (NASDAQ: CZR) Harrah’s Joliet Hotel...
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High Tide, GTI Each Open Stores
Thursday, March 25, 2021 - 9:49am | 611High Tide Launches Additional Two Canna Cabana Stores In Calgary High Tide Inc. (TSXV:HITI) (OTCQB: HITIF) is cutting the ribbon on two additional stores in Calgary, its 78th and 79th branded retail locations nationwide. The Canadian cannabis retailer opted to boost its footprint in Alberta...
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IIPR, 4Front Ventures Ink Another Sale-Leaseback Deal Totaling $51.5M
Tuesday, March 16, 2021 - 10:36am | 545Innovative Industrial Properties Inc. (NYSE: IIPR) has agreed to purchase a cannabis cultivation site in Illinois for $6.5 million. The REIT also secured $45 million in financing to complete a buildout of the facility, which will subsequently be leased back to...
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GTI Teams Up With Celebrity-Backed Cann To Distribute Cannabis-Infused Sparkling Beverages
Wednesday, March 3, 2021 - 12:51pm | 382Rise dispensary owner Green Thumb Industries Inc. (CSE:GTII) (OTCQX: GTBIF) is entering the cannabis beverage market via a deal with Cann. The Chicago-based cannabis CPG company has teamed up with the celebrity-backed cannabis beverage brand to produce and distribute its line of sparkling...
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Judge Approves 'Landmark' $650 Million Class-Action Suit Against Facebook Over Privacy Claims
Sunday, February 28, 2021 - 1:32pm | 356A federal judge has approved a $650 million settlement of a class-action privacy lawsuit against Facebook that claimed the company used its facial recognition feature without user consent. What Happened: In 2015, Chicago attorney Jay Edelson filed a lawsuit against Facebook, Inc (...
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RWB Raises $13.5M To Finalize The Purchase Of Illinois THC Cultivation License
Thursday, February 11, 2021 - 11:39am | 324Red White & Bloom Brands Inc. (CSE: RWB) (OTCQX: RWBYF) has raised some $13.5 million to fund the closing of its previously announced purchase of a THC cultivation license in Illinois alongside additional assets. The sum includes CA$8 million ($6.31 million) coming from an investor via a...
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Jushi And Cansortium Each Open New Stores, Harborside Closes San Francisco Dispensary Deal
Monday, December 21, 2020 - 1:44pm | 570Jushi Opens Third Store in Illinois, Strengthens Balance Sheet Cannabis and hemp company Jushi Holdings Inc. (CSE: JUSH) (OTCQB: JUSHF) is cutting the ribbon on its second store in Sauget, Illinois. This is the company's 13th store the Boca Raton, Florida-based company opted to open in the...
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Red White & Bloom To Purchase Illinois THC Cultivation License, Secures $60M In Financing
Thursday, December 17, 2020 - 4:41pm | 370Red White & Bloom Brands Inc. (CSE: RWB) (OTCQX: RWBYF) is poised to acquire a THC cultivation license in Illinois alongside certain assets. The Toronto-based will pick up the issued and outstanding shares of Cannabis Capital Partners Inc. (CCP), by issuing up to 22 million...
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Green Thumb Reports $157M In Q3 Revenue Ahead Of 50th Store Milestone
Wednesday, November 11, 2020 - 6:05pm | 385Green Thumb Industries Inc. (CSE:GTII) (OTCQX: GTBIF) reported a boost in revenue for the third quarter of 2020. Revenue jumped 31.3% quarter-over-quarter and 131.1% year-over-year to $157.1 million, according to the Chicago-based cannabis company's earnings report Wednesday....
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'Delay Is Incredibly Costly:' Lawsuits Pile Up In Fight For Illinois Cannabis Licenses
Monday, October 19, 2020 - 12:59pm | 1380This article was originally published on WeedWeek, and appears here with permission. Some of the successful finalists in the Illinois lottery for coveted REC retail licenses are suing the governor and other state regulators who paused the process last month after complaints that it was flawed and...
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High Times Enters Illinois With People's Choice Cannabis Cup
Friday, October 2, 2020 - 1:14pm | 304Cannabis Cup creator High Times revealed Friday the winners of its inaugural People's Choice event, held in Illinois. The winners of the cannabis judging competition are Bhang, Columbia Care, Verano, Bedford Grow, Aeriz, Cresco, Rythm, Grassroots Cannabis, PharmaCann, Incredibles...
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Greenhouse Expands Illinois Footprint With New Dispensary In Northbrook
Thursday, October 1, 2020 - 2:47pm | 267Greenhouse Group is launching yet another store in Illinois, just a month following the adult-use dispensary opening in Skokie. The news store — located at 755 Skokie Boulevard in Northbrook — would offer a wide range of cannabis products, including lower, vapes, extracts/oils...
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Cannabis Movers & Shakers: Culta, Uncle Bud's, MJ Holdings, 4Front
Friday, September 25, 2020 - 9:05am | 765Here's a summary of the latest corporate shake-ups in the cannabis industry. Sales Veteran Jonathan Lassiter Joins Culta Cannabis brand Culta welcomed Jonathan Lassiter to its ranks, appointing him vice president of sales for its retail channel. The Silver Spring, Maryland-based...
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4Front Begins Construction Of Illinois Dispensary, Sells 3 Maryland Stores
Thursday, September 24, 2020 - 1:02pm | 3464Front Ventures Corp. (CSE: FFNT) (OTCQX: FFNTF) is seeking a build-out of the Mission Dispensary in Calumet City, Illinois. Store construction at 1330 Torrence Avenue began earlier this month. This new retail location is expected to serve adult-use...
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Cresco Labs To Open Naperville Store, 10th Location In Illinois
Tuesday, September 22, 2020 - 1:42pm | 316Multistate cannabis operator Cresco Labs (CSE: CL) (OTCQX: CRLBF) received Illinois state approval to open up a tenth dispensary in the Prairie State. The adult-use dispensary is located in Naperville, which the company says is one of the busiest...