Adult-use marijuana sales in Illinois totaled $120.5 million in February, an increase of 5.7% from February 2022 despite declining sales to out-of-state shoppers. Illinois’ February recreational cannabis...
California-based marijuana multistate operator MedMen Enterprises has hired ATB Capital Markets to review and potentially help the company divest assets in three states. According to a news...
Budtenders at Captain Jack’s Dispensary in San Bernardino, California, have become the latest group of cannabis workers to unionize. According to a news release, the workers joined Teamsters...
A marijuana store in suburban Chicago has opened with a liquor license attached to it. Okay Cannabis and West Town Bakery Cafe + Lounge in Wheeling...
California-based cannabis multistate operator MedMen Enterprises is warning investors that it might not have enough money to “meet its obligations” for the next year and that...
Experienced cannabis entrepreneurs know that ancillary companies such as construction and banking providers often charge marijuana businesses more than their non-plant-touching counterparts—the so-called “green tax.” The...
Few factors are more important to a cannabis company’s success than where it chooses to locate, be it a cultivator, manufacturer or retailer. Cultivators and manufacturers...
Multistate operator Ayr Wellness said it has canceled its acquisition of Chicago cannabis retail operator Dispensary 33, citing changing market conditions. Miami-based Ayr described the decision to terminate...
For the second time in two weeks, workers at a Sunnyside marijuana store in Illinois voted to join the Teamsters union. The union announced Friday that...
Marijuana multistate operator MariMed closed a $35 million secured credit facility to complete expansion projects in multiple states and pay off notes from a previous acquisition....