Illinois cannabis

Illinois lawmakers concluded this year's regular spring legislative session without deciding on cannabis and hemp bills recently approved by the state Senate. This is the second year in a row marijuana legislation was overlooked, writes Crain's Chicago's John Pletz. A hemp-focused measure that...

Vermont Gov. Scott To Weigh On Drug Safe Consumption Site Bill And More Vermont’s House of Representatives recently gave a green light to a measure that would set up a psychedelic-assisted therapy working group. Its eight members would be tasked with providing recommendations on regulation of...

Colorado: Bipartisan Cannabis Bill To Streamline Regulations Heading To Governor  The Colorado General Assembly gave final approval Wednesday to a bipartisan bill aimed at streamlining the state's marijuana regulations. It is now headed to Gov. Jared...

In the latest report from Viridian Capital Advisors, investment trends in the U.S. cannabis industry show a marked decrease, despite significant capital inflows in leading states such as California, New York and Massachusetts. Over the last twelve months (LTM) ending May 3, 2024, there has...

In the first quarter of 2024, the cannabis sector faces a mixed economic landscape with a notable sequential decline in sales across several states. Pablo Zuanic, senior analyst of Zuanic & Associates has detailed insights into the sector's performance, particularly focusing on multi-...

Illinois’ adult-use cannabis sales for March soared to $148.9 million, marking a 9.81% increase from February's $135.6 million, according to the latest figures released by the Illinois Department of Financial and Professional Regulation (IDFPR). The combined total of adult-use and medical...

In a recent sector analysis by Pablo Zuanic of Zuanic & Associates, key trends across four Eastern states are dissected to understand the brand landscape of the cannabis market. Zuanic navigates through the evolving dynamics of the cannabis industry, providing valuable insights into brand...

Multi-state marijuana operator MariMed Inc. (CSE:MRMD) (OTCQX:MRMD) has closed the acquisition of Allgreens Dispensary, LLC on Tuesday, April 9, its fifth dispensary in Illinois. The Massachusetts-based company said the green light from the Illinois Department of Financial & Professional...

Verano Holdings Corp. (OTCQX:VRNOF) has launched the Cabbage Club, a national weed membership club. Cabbage Club will be available in Verano's 13 Zen Leaf dispensaries in New Jersey and Illinois. The company plans to expand this novelty across its 138 dispensaries in 13 states. Interestingly,...

As Benzinga Cannabis Capital Conference returns to Florida, in a new venue in Hollywood, on April 16 and 17, gathering top CEOs, investors and leaders in the cannabis industry, let’s scroll through the latest store openings in the burgeoning space. Illinois Cannabis Market Continues To Grow...

BDSA’s latest market forecast released on Wednesday heralds a new era of unprecedented growth in the global cannabis industry, predicting legal sales to ascend to $58 billion by 2028 from $36 billion in 2023. This anticipated growth, characterized by a robust compound annual growth rate of 10...

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...

Illinois' booming cannabis market is under the microscope in Pablo Zuanic's latest report from Zuanic & Associates. With dispensary numbers on the rise, how are multi-state operators (MSOs) adapting amidst political changes and industry buzz? Zuanic emphasizes the essential role of...

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...