Revenue slows and stocks crash despite continued industry growth. Can legislation save small cannabis businesses? The North American corporate cannabis sector has seen better days. Pandemic-galvanized sales surges are now… Continue reading Cannabis Reform Slogs Through Congress as Corporate Revenues Continue to Tumble
Tag: Illinois cannabis latest news
Illinois social equity license lending program stalls – costing intended recipients
One of the key promises of Illinois’ support for cannabis social equity license winners was supposed to be government support in the form of subsidized loans from the State of… Continue reading Illinois social equity license lending program stalls – costing intended recipients
Illinois supercase judge hears plans for resolving dispensary application complaints; says case might last into 2023
An Illinois judge Friday pushed dozens of unsatisfied cannabis dispensary license applicants towards a corrective lottery before hearing arguments on whether or not they deserve to participate in the application process and… Continue reading Illinois supercase judge hears plans for resolving dispensary application complaints; says case might last into 2023
Illinois Is A Unicorn Cannabis Market With Plenty Of Room To Grow Going Into The Future
Illinois is one of the fastest growing cannabis markets in the United States and reported more than $1 billion of recreational cannabis sales in 2021. The performance of Illinois’ cannabis… Continue reading Illinois Is A Unicorn Cannabis Market With Plenty Of Room To Grow Going Into The Future
Illinois craft cannabis grower bill highlights tension between big companies, minority entrepreneurs
Back in 2019, many marijuana industry experts trumpeted Illinois as setting a new bar for social equity: State lawmakers created a potential blueprint to provide greater opportunities for minority entrepreneurs in Illinois’… Continue reading Illinois craft cannabis grower bill highlights tension between big companies, minority entrepreneurs
The Complex World of Commercial Cannabis Edible Production
Producing cannabis edibles production means cannabis compliance and food production regulations and oversight. In a matter of decades, cannabis edibles transformed from a countertop hobby into a multibillion-dollar industry. With… Continue reading The Complex World of Commercial Cannabis Edible Production
Cannabis 5th most valuable crop in US, Leafly report shows
With a wholesale harvest value of $6.2 billion, cannabis ranked above cotton and below wheat. Photo by David Downs via Leafly Cannabis is a valuable agricultural product in states where… Continue reading Cannabis 5th most valuable crop in US, Leafly report shows
3 ways cannabis retailers can set up their businesses for delivery demand
Ready or not, on-demand delivery is quickly becoming the future of cannabis retail. According to New Frontier Data’s report, “2021 U.S. Cannabis Consumer Evolution,” delivery demand has increased by more… Continue reading 3 ways cannabis retailers can set up their businesses for delivery demand
Illinois adult-use cannabis sales exceed $1.2 billion through November
Adult-use cannabis sales in Illinois have exceeded $1.2 billion with one month left in the year, according to monthly sales figures released by the state’s Department of Financial and Professional Regulation. The… Continue reading Illinois adult-use cannabis sales exceed $1.2 billion through November
Cresco Labs Announces Approval for Tenth Illinois Dispensary in Naperville
The adult-use dispensary is located in one of the busiest shopping areas in Naperville, the third largest city in Illinois with approximately 150,000 residents. CHICAGO – September 22, 2020 —… Continue reading Cresco Labs Announces Approval for Tenth Illinois Dispensary in Naperville