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Sean ‘Diddy’ Combs to buy Chicago-area cannabis operations in deal connected to $2 billion Cresco-Columbia Care merger

Sean “Diddy” Combs has agreed to buy nine cannabis retail stores and three production facilities in Illinois, New York and Massachusetts for $185 million as part of required antitrust divestitures… Continue reading Sean ‘Diddy’ Combs to buy Chicago-area cannabis operations in deal connected to $2 billion Cresco-Columbia Care merger

New York Regulators Issue Guidance for Adult-Use Cannabis Dispensaries

With more than 900 applicants vying for an adult-use dispensary license in New York, the state’s Office of Cannabis Management (OCM) released guidance for adult-use retailers Oct. 28 that sets the expectations for those… Continue reading New York Regulators Issue Guidance for Adult-Use Cannabis Dispensaries

Illinois’ 1st predominantly Black-owned licensed pot business and craft grower opens in Rockford; hundreds more licensees still trying to get started 

Inside a cavernous warehouse in Rockford, behind three sets of locked doors, hundreds of tiny cannabis seedlings grow. They are the initial crop cultivated in Illinois by Star Buds, which… Continue reading Illinois’ 1st predominantly Black-owned licensed pot business and craft grower opens in Rockford; hundreds more licensees still trying to get started