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Illinois regulators are extending a filing deadline and offering additional support for the state’s next round of marijuana social equity retail license applicants. The Illinois Department of Financial...
An Illinois state lawmaker has introduced legislation to legalize natural psychedelics including psilocybin for therapeutic use. An Illinois state lawmaker has introduced a bill that would...
Workers at the Sunnyside marijuana retail store in Buffalo Grove, Illinois, voted unanimously to join Teamsters Local 777. Sunnyside is owned and operated by Cresco Labs, a multistate operator based in Chicago....
The MJBizDaily editorial staff has posted many stories this year exploring issues impacting the cannabis industry. In the spirit of “a picture is worth 1,000 words,” here are...
Investment bank Cowen has downgraded its outlooks for major cannabis multistate operators Columbia Care and Cresco Labs after U.S. lawmakers declined to include marijuana banking reform...
A little more than a month after President Joe Biden signed a new marijuana research bill into law, officials said they intend to open a cannabis-centric research...
U.S. cannabis multistate operators weathered a storm of challenging economic factors through the third quarter of 2022, with most reporting modest to significant year-over-year revenue gains....
Chicago Mayor Lori E. Lightfoot has announced the creation of the Cannabis Research Institute to study the health, commerce and policy implications of marijuana legalization. Chicago Mayor...
Weed remains illegal in the neighboring state of Indiana, making this a potentially lucrative market for Illinois weed. In 2021, Illinois sold cannabis worth $1.3 billion to out-of-state...
Alaska’s recreational marijuana taxes are the highest in the country, and New Jersey’s are the lowest. That’s according to Richard Auxier and Nikhita Airi, the authors...
