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Grown In - The Cannabis Industry Newsletter

Grown In (https://grownin.com/author/brad/)

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Brad Spirrison

Brad Spirrison is a journalist, serial entrepreneur and media ecologist. He lives in Chicago with his son. Interests include music, meditation and Miles Davis.

Missouri

Cannabis cultivation capital constraints in Missouri no surprise to out of state investors

By Brad Spirrison | 16 hours ago

Due to residency requirements that prohibit selling majority ownership stakes to out of state investors, a large number of cultivation license owners are pitching a finite pool of prospective local financiers who are comfortable putting money into startups growing weed.

Grown In Nuggets

BeLeaf gets vertical in Missouri; Fyllo acquires DataOwl; more marijuana money in the Midwest

By Brad Spirrison | January 21, 2021

News and nuggets for cannabis industry practitioners in the Midwest and beyond.

Illinois

Cresco acquires Florida presence in stock deal and raises money in hot market

By Brad Spirrison | January 18, 2021

Chicago-based Cresco Labs announced Friday that it had raised $125 million from seven institutional investors off a valuation of nearly $3 billion.

National

California cannabis company backed by Jay-Z plans to invest $10 million in minority-owned startups

By Brad Spirrison | January 14, 2021

Jay-Z’ new cannabis investment group says existing MSO’s aren’t doing enough to improve equity.

Illinois

Illinois medical dispensaries race to secure “plus one” recreational locations

By Brad Spirrison | January 14, 2021

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

Five reasons why cannabis is Chicago’s most successful startup industry right now

By Brad Spirrison | January 11, 2021

Maybe Chicago has a shot at reigning over a booming national bud business.

Grown In Nuggets

Michigan approves cannabis for canines; Wana enters Missouri; Labor union wins first Illinois contract

By Brad Spirrison & Mike Fourcher | January 11, 2021

News and nuggets for cannabis industry practitioners in the Midwest and beyond.

Opinion

2021 predictions: Midwest states will be at the center of a transformational year in cannabis commerce

By Brad Spirrison | January 4, 2021

Assuming the federal government will continue to legitimize the industry this year, the Midwest will be at the center of the pot party.

Grown In Nuggets

Linton bullish on Gage; High Times in downstate Illinois; investors knocking on Missouri’s door

By Brad Spirrison | December 21, 2020

News and nuggets for cannabis industry practitioners in the Midwest and beyond.

Illinois

Ascend Wellness Holdings to acquire Midway Dispensary and its “plus-one” recreational location for more than $25m

By Brad Spirrison | December 17, 2020

A source with knowledge of the transaction confirmed for Grown In that the value assigned to the cannabis retail assets is between $25 million and $30 million.

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Missouri License Owners

Missouri dispensary licenses: Who owns what

Today, we are publishing a list of 56 dispensary license owners we could identify through public records and news reports.

Explore:
  • Who owns what Missouri cultivation licenses? What we found.
Complete Coverage

Michigan MRA Data

In 6 months, over 120 new companies have opened dispensaries in Michigan

120 new companies have entered the market, as 289 companies held cannabis licenses as of the end of December 2020.

Explore:
  • 124 new companies became Michigan growers in the last six months
Complete Coverage

Illinois BioTrack Data

Five Takeaways About Illinois Cannabis Dispensaries From BioTrack Data

Here is a grab bag of additional analysis about Illinois' cannabis dispensaries we’ve found from the data.

Explore:
  • While overall production went up in Illinois, vertically integrated cannabis companies sold less to independent dispensaries
  • Exclusive: State data shows 77% of Illinois’ cultivation market controlled by six companies
Complete Coverage

State Coverage

  • Grown In
  • Illinois
  • Michigan
  • Missouri

About Grown In

Grown In follows the legal cannabis industry, reporting on the names, companies, regulators, and business moves you need to know.

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