Marijuana vape market share down as manufacturers work to rebuild consumer confidence
The cannabis vapor pen market sector has lost market share and not grown as fast as the rest of the total marijuana […]
Category: Illinois Medical Cannabis Business & Marijuana Legal News
Marijuana companies weigh how to approach COVID-19 vaccinations for employees
Cannabis companies are seeking clarity on Covid-19 vaccinations for employees as the pandemic continues to cause logistical challenges in keeping workers safe. […]
Have cannabis residency requirements worn out their welcome?
Montana voters passed a recreational marijuana initiative on Election Day that will require licensed operators to be state residents, as is now […]
Cannabis MSO Cresco prices Canadian share offering to raise $125 million
Chicago-based multistate cannabis operator Cresco Labs priced an overnight marketed share offering, designed to raise roughly $125 million, at 16 Canadian dollars […]
Are recreational marijuana sales in Illinois underperforming given the state’s large population?
While Illinois topped $1 billion in total cannabis sales in 2020 as consumers scooped up adult-use products, the new recreational marijuana market […]
Oregon marijuana sales reach record $1 billion-plus in 2020
Recreational cannabis sales exceeded $1 billion in Oregon last year, coinciding with the coronavirus pandemic outbreak and mirroring record-high sales in other […]
DEA might start issuing cannabis cultivation permits in early 2021
After years of delay, the U.S. Drug Enforcement Administration could soon begin issuing licenses to businesses and institutions to cultivate cannabis for […]
Marijuana MSO MedMen fights to turn around finances, but challenges linger
Financially strapped MedMen Enterprises is showing modest improvement, raising the possibility that the California-based multistate marijuana operator has hit bottom and is […]
Red White & Bloom borrows $60 million to buy Illinois marijuana grow facility
Toronto-based multistate cannabis company Red White & Bloom Brands (RWB) will purchase Illinois-based medical and recreational cultivation facility Cannabis Capital Partners Inc. […]
Marijuana firm Verano plans to go public at reported $2.9 billion valuation
Multistate marijuana company Verano Holdings intends to go public on the Canadian Securities Exchange at a value of nearly $2.9 billion through […]