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Adult-use marijuana companies struggle to stay afloat amid overproduction, falling prices

As mainstream businesses cope with surging inflation and the threat of a recession, many adult-use marijuana companies – growers, retailers and ancillary businesses alike – are struggling with their own… Continue reading Adult-use marijuana companies struggle to stay afloat amid overproduction, falling prices

Aspiring craft growers in Illinois rejoice after being awarded licenses after years-long wait 

After years of hoping and waiting for the Illinois Department of Agriculture (IDA) to issue cannabis craft growing licenses, some applicants are seeing light at the end of the tunnel.… Continue reading Aspiring craft growers in Illinois rejoice after being awarded licenses after years-long wait 

What’s in Illinois’ legal weed? Sometimes contaminants, Sun-Times testing finds 

Nearly two years and $1.9 billion in sales since recreational marijuana was legalized, consumers can’t be sure the heavily taxed legal weed they buy is free from mold, yeast and… Continue reading What’s in Illinois’ legal weed? Sometimes contaminants, Sun-Times testing finds 

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 

Craft grow licenses released from legal ties, Illinois could issue licenses soon 

Sixty new craft grow licenses could be issued by Illinois regulators in a matter of days, following a judge’s decision to lift both a stay and an injunction limiting the… Continue reading Craft grow licenses released from legal ties, Illinois could issue licenses soon 

Illinois cannabis MSOs pushing back on social equity bill, report says 

The Cannabis Business Association of Illinois formally decided at a board meeting last week to oppose the legislation, SB3105, according to Grown In. The association is dominated by MSOs such as… Continue reading Illinois cannabis MSOs pushing back on social equity bill, report says