Parallel officially enters Illinois with $155 million Windy City Cannabis acquisition
Parallel paid $155m in cash, stock, and other incentives for six Illinois dispensary locations.
Parallel paid $155m in cash, stock, and other incentives for six Illinois dispensary locations.
UFCW announced yesterday that it had organized a second Chicago dispensary.
Green Thumb Industries has vehemently denied allegations of pay-to-play for Illinois cannabies licenses.
A vast majority of Midwest cannabis business leaders believe the federal government won’t deschedule cannabis anytime soon.
Last week’s Grown In reporting roiled the state’s cannabis business community and will figure into at least two cannabis lawsuits against the state currently underway.
As of last August, Illinois craft grow, infusion, and transport license applications had gone through two rounds of discrepancy vetting, state emails show. Seven months later they’re still not done.
Michigan’s legal cannabis sales have yet to surpass last July’s $109.5 million peak while Illinois’s sales met what seems to be a seasonal February drop.
Scoring for Illinois’ 2020 cannabis dispensary applications was conducted by about 40, briefly trained gig workers who were paid $35 an hour and worked from home for a subcontractor to global accounting firm KPMG.
The 2019 Illinois law that encouraged a budding multibillion dollar legal weed industry included the creation of the Community College Cannabis Vocational Program, which launched almost a dozen different higher education cannabis programs in Illinois.
An array of cannabis social equity advocates gathered Tuesday morning to trumpet their support of legislation they had been furiously negotiating over.