After negative feedback from some neighbors, Ald. Walter Burnett won’t endorse a plan for a dispensary that aims to open at the old Catfish Corner site in Garfield Park. GARFIELD… Continue reading Black-Owned West Side Weed Dispensary Won’t Get Alderman’s Support
Category: Recreational Cannabis
Illinois Governor Signs Budget Bill With Cannabis Tax Provisions
Illinois Gov. J.B. Pritzker announced June 7 that he signed the state’s fiscal year 2024 budget into law, including a provision that will provide tax relief to Illinois’ licensed cannabis businesses. Both… Continue reading Illinois Governor Signs Budget Bill With Cannabis Tax Provisions
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
Illinois Continues To Be One Of The Marquis U.S. Cannabis Markets In Terms Of Revenue Growth
July was the best month of the year for Illinois’ cannabis industry and we are favorable on how fast the market has grown on a year-over-year basis. Illinois’ Department of… Continue reading Illinois Continues To Be One Of The Marquis U.S. Cannabis Markets In Terms Of Revenue Growth
Where cannabis legalization efforts stand across the country
State lawmakers are still wary of weed. Last year, four states legalized marijuana through their legislatures. So far in 2022, only one — Rhode Island — has managed to legalize… Continue reading Where cannabis legalization efforts stand across the country
IGTM presents Consumption Lounge Panel Part 2
IGTM Education in partnership with Cresco created a panel for potential business owners and potential employees to find and create opportunities in the cannabis consumption lounge space. The Illinois cannabis… Continue reading IGTM presents Consumption Lounge Panel Part 2
Consumption Lounge Panel Presented By IGTM Education in partnership with Cresco Labs
Cannabis has been a hot topic in the state of Illinois with the delay in the issuance of licenses to social equity applicants. With many of the licenses set to… Continue reading Consumption Lounge Panel Presented By IGTM Education in partnership with Cresco Labs
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