Because of how Illinois cannabis law is structured, most changes to how the market is regulated requires legislative approval – regulators are generally hog-tied from changing the big rules.
Resolution of the dispensary case holds the fate of 185 dispensary licenses, some of which were first supposed to be issued in April 2020.
Two Midwest states where only medical marijuana is legal saw lower per patient than in adult-use states, when comparing Illinois, Michigan, Missouri, and Ohio.
A withdrawal and voting delays are showing that some dispensaries aren’t ready for a union.
A lawsuit mounted by the former CMO for an Illinois cannabis company purchased by Curaleaf got messier Wednesday.
Hurwitz, alleged that Grassroots CEO Mitch Kahn defrauded her out of millions of stock options as a result of Curaleaf’s $830 million purchase of Grassroots.
Massachusetts was the only New England state that saw growth of the states Grown In is tracking, while Rhode Island and Maine’s cannabis sales stalled.
“The hardest part, to get something like this and any other business, is that it takes money. With no warehouse location already being built out for craft grows specifications because it just wasn’t legal…So, there are no places to actually cultivate.”
“Once you receive a license as a social equity applicant, from my perspective, I think there’s a lot of belief that that’s kind of the measure of success as a social equity applicant.”
Applicants filed a motion asking the court to allow winners of 47 uncontested licenses to move forward with their delayed business plans.
