Grown In Nuggets
BeLeaf gets vertical in Missouri; Fyllo acquires DataOwl; more marijuana money in the Midwest
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News and nuggets for cannabis industry practitioners in the Midwest and beyond.
Grown In (https://grownin.com/)
News and nuggets for cannabis industry practitioners in the Midwest and beyond.
Legislators tell Grown In that there’s will and an interest in passing legislation soon, but…
Michigan’s Marjuana Regulatory Agency announced sixteen blockbuster proposed changes to the state’s cannabis laws and regulations, which have the potential to provide Michigan with the most progressive social equity program in the nation.
Chicago-based Cresco Labs announced Friday that it had raised $125 million from seven institutional investors off a valuation of nearly $3 billion.
Perhaps the biggest story is that little sliver at the bottom right of the chart, where Missouri turned in a tiny 2.4% of Illinois’ raging sales month.
Incumbent medical marijuana dispensaries in Illinois that have not opened state-awarded second recreational locations have until March 31 to use them or lose them.
Illinois is moving a bill to create more cannabis licenses, while cannabis legislation in Michigan and Missouri seems stalled for now.
Jay-Z’ new cannabis investment group says existing MSO’s aren’t doing enough to improve equity.
Maybe Chicago has a shot at reigning over a booming national bud business.
News and nuggets for cannabis industry practitioners in the Midwest and beyond.