Illinois Cannabis

The U.S. Cannabis Strategy No One's Talking About: Inside Canopy's $300M Plan
Illinois Launches Cannabis Research Institute With $7M In Funding
Three Paths To Cannabis Profits: Village Farms, Green Thumb, And Jushi Show Divergent Strategies—Which Will Deliver?
Illinois Launches Cannabis Research Institute With $7M In Funding
Three Paths To Cannabis Profits: Village Farms, Green Thumb, And Jushi Show Divergent Strategies—Which Will Deliver?
With 200+ New Dispensaries And Four States Voting On Legalizing Cannabis, Could Market Expansion Squeeze Margins Further?
Edibles Surge In The Heartland: MariMed's Play For Missouri And Illinois Cannabis Dominance

Illinois Cannabis Recent News

Here's Where To Buy Legal Weed: These States Get New Stores As Cannabis Legalization Looms
Cannabis retailers are ramping up their presence in Florida, a medical cannabis market that could soon transition to recreational. That is if Amendment 3 gets the green light from the voters this November. The same companies have been pouring millions into the push for adult-use cannabis legalization. According to a recent report from Beacon Securities Florida's cannabis market is showing signs of strain, but cannabis operators in the state are on pace to change the trend.  9th nationwide. The new shop is located at 1801 E. 5th St. in Metropolis. It serves recreational cannabis customers. RIV Capital Inc. (CSE: RIV) (OTC: CNPOF) announced last week that Etain has launched adult-use sales at its dispensary in Manhattan. Located at 242 E 58th Street in New York City, the new store will host a grand opening event on Wednesday, Oct. 16.Verano Holdings Corp. (Cboe CA: VRNO) (OTCQX: VRNOF) announced last week the grand opening of Zen Leaf Arcadia in Phoenix. The new shop is located at 2710 E Indian School Road in Phoenix.
Smell Of Cannabis Is Not Enough For Warrantless Car Searches, Illinois Supreme Court Rules
Illinois Supreme Court rules that the smell of cannabis alone cannot justify warrantless vehicle searches, reinforcing users's privacy.
Grown Rogue Cannabis Reports Record Q2 Revenue And Adjusted EBITDA, NJ And Illinois Major Growth Drivers
Grown Rogue International Inc. (CSE: GRIN) (OTC: GRUSF) reported on Tuesday its second-quarter 2024 results for the three-month period ended June 30, 2024.The Medford, Oregon-based company said the comparison period for 2023 is the three months ended July 31, 2023, due to the recent fiscal year-end change from Oct. 31 to Dec. 31.
Nevada Awards Cannabis Lounge Licenses, Less Than Half Of The Social Equity Licenses In Nevada Are Operational & More Cannabis Updates
Cannabis Updates: Nevada awards social equity licenses for cannabis lounges, Illinois struggles with operational permits, and more.
Mike Tyson's Cannabis Brand Reaches More Shelves In Florida And Illinois Via Deal With Verano
Mike Tyson's TYSON 2.0 cannabis brand announced on Friday its further expansion into Florida and Illinois with multi-state cannabis operator Verano Holdings Corp. (CSE: VRNO) (OTCQX: VRNOF). Under the deal, TYSON 2.0 will leverage Verano's network and operational expertise to broaden its saturation of Florida and Illinois markets. Verano's state-of-the-art cultivation facilities and dispensaries – MÜV in Florida and Zen Leaf in Illinois - are expected to scale TYSON 2.0's impact.
Cannabis Boom Or Bust: State Trends Marijuana Investors Can't Afford To Ignore In 2Q24
Quarterly earnings will highlight efficient operators' growing market share and building sustainable platforms. Pablo Zuanic, senior analyst at Zuanic & Associates, provides an overview of the cannabis market trends in key states ahead of the second quarter earnings season.
Rapper Future's Weed Products Now Available In Illinois, Here's Where To Find Them
Two-time Grammy winner Future's ultra-premium cannabis brand, EVOL by Future is now available in Illinois via a partnership with Legacy. The Orange County, California-based company said that beginning Friday, Jul 19, Illinois consumers of recreational cannabis can purchase Evol's premium cannabis products, including flower, pre-rolls, and infused pre-rolls.
Planet 13 Expands With 30 New Dispensaries: What's The Secret To Higher Margins?
Planet 13's leadership, including co-CEOs Robert Groesbeck and Larry Scheffler and CFO Dennis Loganr ecently discussed the company’s strategic initiatives and market outlook in a webinar hosted by Pablo Zuanic of Zuanic & Associates.
Illinois Breaks Barriers With 100th Social Equity Cannabis Dispensary
Illinois celebrates opening 100th social equity-owned dispensary in Champaign, showcasing the economic impact of a thriving weed industry.
Illinois Has The 'Most Diverse Cannabis Business Ownership' In The Country, Opens 100th Social Equity Shop
Illinois celebrates its 100th social equity-owned dispensary, highlighting diversity in its cannabis industry and regulatory successes.
Cannabis Concentrates Brands With Strong Growth: Acquisition Targets Amid Industry Consolidation
Amid industry consolidation, identifying emerging brands in key markets is crucial for acquisitions and collaborations. While wholesale prices have risen, retailer margins have tightened, reducing profitability.
Illinois 2024 Cannabis Sales Reach $1B Milestone Faster Than Expected: Are Out-Of-State Consumers Driving The Boom? Where Are Taxes Going?
Illinois' retail cannabis sales reached the $1 billion mark year-to-date, Gov. JB Pritzker's office announced Wednesday. That's earlier than last year's July 10 milestone.The sum includes over $850 million in adult-use cannabis sales and nearly $150 million in medical marijuana sales, according to a press release.Moreover, total cannabis sales in fiscal year 2024 exceed $2 billion, representing an increase from fiscal year 2023 total cannabis sales of $1.9 billion and $1.8 billion in fiscal year 2022.
Illinois Sees Continued Growth In Cannabis Sales In 2024: What's Next?
As Illinois' cannabis market continues to grow, anticipation builds for the upcoming Benzinga Cannabis Capital Conference in Chicago.
Illinois Cannabis Sales Are Down In Q1, But Year-On-Year Figures Are Up, Analyst Says: Cresco Labs, Green Thumb, Curaleaf Must Adapt
Illinois cannabis market shows a 4% decline in sales, but a 6% increase year-on-year. Major operators like Cresco Labs and Green Thumb Industries are adapting to the competitive landscape through brand distribution and operational efficiency. Learn more at the Benzinga Cannabis Capital Conference on Oct. 8-9 in Chicago.
Method Man's Weed Products Arrive In Illinois, Here's Where To Find Them
TICAL Official, a cannabis brands led by Method Man, a rapper, actor and entrepreneur, announced on Friday its adult-use availability in Illinois. That's in partnership with Flora Arbor LLC, launching with the Judgement Day, Love Jones, and The Method lyrical edition strains."Illinois is the third largest cannabis market in the US and we're honored to be the exclusive manufacturer and distributor of TICAL Official products in Illinois," Anthony Carpino, CEO of Flora Arbor, said. "We plan on launching TICAL with Black-owned, minority-owned, and female-owned dispensaries."
Illinois Cannabis Industry Shows Modest Gains In May Sales Figures
Illinois cannabis sales in May increased slightly from April, with yearly growth continuing. Medical cannabis sales saw a slight decline.
Maryland, Ohio And Illinois Defy The Trend In M&A Activity: What Investors Can Learn
Despite an overall decline in mergers and acquisitions (M&A) across the cannabis industry, a few states are bucking the trend, showcasing growth and resilience.
Illinois' April Cannabis Sales Reach $144.5M, Marking 9.5% Year-Over-Year Growth
Illinois adult-use cannabis sales hit $144.5M in April, marking 9.5% YOY growth. Learn about the market's growth and legislative challenges.
Illinois Lawmakers Fail To Update Cannabis Laws, Non-Profit Argues 'Corporate Greed' Played A Role
Vermont Gov. Scott Opposes Drug Safe Consumption Sites, Virginia's Cannabis 'Surveillance System' And More Updates
Vermont state's House of Representatives recently gave a green light to a measure this week that would set up a psychedelic-assisted therapy working group. Its eight members would be tasked with providing recommendations on regulation of legal access to substances like psilocybin and MDMA. In Virginia, officials are trying to keep cannabis off teens' and children's hands. In a recent letter to health care providers State Health Commissioner Karen Shelton raised concerns around numerous reports of minors getting sick from products containing CBD and THC. According to a report by the Missouri Department of Health and Senior Services obtained by Kansas City Star, nearly 2000 Kansans are holders of a medicinal marijuana license in Missouri.Illinois lawmakers have introduced a measure that seeks to regulate hemp-derived THC, including delta-8.
Colorado, New Hampshire Send Cannabis Bills To Governors, Illinois' Social Equity Licenses And Updates From Kansas And Montana
Colorado: Bipartisan Cannabis Bill To Streamline Regulations Heading To Governor 
$581M In Deals: Top States Draw Major Cannabis Investments Despite Market Downturn
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.
Who's Winning In Weed? Analyst Looks At Cannabis Market's Big Players, Where Are The Best Bets?
In the first quarter of 2024, the cannabis sector faces a mixed economic landscape with a notable sequential decline in sales across several states.

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