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Cannabis MSO Acreage inks $12 million loan to expand Illinois operation

Multistate cannabis operator Acreage Holdings said Wednesday it has agreed to a $12 million construction loan to complete the expansion of its cultivation and processing facility in the fast-growing Illinois market. The financing is from The Pelorus Fu…

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Illinois cannabis industry seeks end to MMJ-recreational retail relocation rule

Cannabis industry insiders in Illinois are calling on state lawmakers to allow certain existing medical marijuana dispensaries to relocate without losing the ability to add an adult-use sales license.
Illinois cannabis industry seeks end to MMJ-recreat…

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Rescoring of retail marijuana licenses in Illinois allowed to proceed

An Illinois judge rejected a request to stop state regulators from rescoring retail marijuana license applications, moving a seemingly never-ending saga closer to resolution. The ruling allows Illinois to go forward with a licensing do-over that Gov. J…

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Marijuana regulators across US to share best practices, offer advice

Marijuana regulators from 19 states have established a nonpartisan organization to share best practices and industry knowledge. The Cannabis Regulators Association (CANNRA) also will assist federal, state and local authorities that have approved or are…

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Private multistate marijuana giants Verano and AltMed to merge, creating 14-state operator

On Thursday, Nov. 12, get insights on cannabis investing and what the post-election investment climate looks like during MJBizCon’s Passholder Days. Marijuana multistate operator Verano Holdings on Wednesday announced a definitive agreement to acquire …

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Colorado, Illinois cannabis industries set for gains after ballot measures

The recreational marijuana industry is poised to expand further in Colorado and Illinois, where voters in several municipalities approved local ballot questions that will repeal previous business bans, according to early returns. In Colorado, at least …

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Illinois cannabis retail applicants get court hearing on license do-over

A group of Illinois cannabis retail license applicants will get to argue their case next week on a suit seeking to compel the state to award 75 new licenses. The case is potentially a key one in deciding how the state moves forward in a marijuana retai…

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Illinois marijuana retail applicants sue over state’s do-over plan

Illinois is continuing to run into major legal problems in its bid to award 75 additional marijuana retail licenses and prove the merits of its social equity plan. Three applicants who qualified for the final lottery sued the state, challenging Gov. J….

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Marijuana MSO Green Thumb faces trademark lawsuit over edibles brand

Chicago-based multistate marijuana operator Green Thumb Industries (GTI) is being sued over its “Incredibles” cannabis edibles brand by Edible Arrangements, a franchisor of stores that sell bouquet-shaped fruit baskets. Edible Arrangements …