Illinois
Cannabis investors predict secondary market for Illinois social equity dispensaries
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Illinois should expect a wave of cannabis dispensary license sales later this year.
Opinion
Short-term institutional memory: Five observations two years into the bud beat
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What started as a legally precarious and shadowy industry in Colorado, California and the Pacific Northwest decades earlier is now firmly manifesting eastward.
Illinois
Illinois labor organizer on cannabis: “We don’t see careers, we just see jobs”
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Organizing Moises Zavala says career advancement claims by Illinois marijuana companies during “the legislation stage” of adult-use cannabis two years ago are not being met.
Grown In Nuggets
Introducing the 2nd Chance Initiative; Michigan cannabis career fair; PTSD and cannabis
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News and nuggets for cannabis practitioners in the Midwest and beyond.
Transaction Tracker
Cannabis Capital Tracker: Stability Cannabis; Holistic; Sozo Companies; Justice Cannabis; Green Thumb Industries; Ascend; Wesana
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Several multistate cannabis operators based in or with significant operations in the Midwest raised new capital in the debt and equity markets in May, while a Chicago-based psilocybin startup went public.
Grown In Nuggets
Quarterly results from 4Front, Ascend, Curaleaf, GTI, Verano
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News and nuggets for cannabis practitioners across the Midwest and the nation.
Grown In Nuggets
Loop Capital head I-Banker joins Cresco’s board; Corporate candy’s cannabis concerns; Grown In’s latest Chillinois podcast appearance
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News and nuggets for cannabis industry practitioners in the Midwest and beyond.
Webinars
Webinar Recap: Cannabis bankers talk compliance communication, business expansion and legislation
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Bankers who serve cannabis operators in Illinois, Michigan, and other markets convened virtually on May 18 to share how they do business with the cannabis industry.
Grown In Nuggets
GTI acquires Virginia operator; Harvest bought by Trulieve; Verano hits Chicago’s West Loop; Choice hits the pink sheets
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News and nuggets for cannabis industry practitioners in the Midwest and beyond.
Missouri
Limited by state equity provisions, Missouri operators are making debt deals
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While equity investments in Missouri are somewhat constrained due to laws requiring majority ownership to be from in-state investors, debt deals are available to actively growing companies.