Three Illinois dispensary licensees racing to open by early 2023
We checked in with a group of Illinois dispensary license winners to learn about where they are in the process – and how soon we might begin to expect new dispensaries to open up.
Midwest
Coverage of Illinois, Michigan, Missouri, and Ohio.
Sean Combs purchases Cresco’s extras, thinks there’s room for more celebrities in weed
With a purchase price of $185 million, the initial terms of Sean “Puffy” Combs buying 9 dispensaries and 3 cultivations sites include $110 million in cash, and assumption of $45 million in debt from Cresco Labs.
Two Charts: Comparing Michigan’s and Massachusetts’ croptobers
Michigan and Massachusetts have a lot in common with the state of their cannabis markets: Both have seen record croptobers as well as rapidly declining adult use retail prices.
Michigan’s new top cannabis regulator says he’s focused on enforcement
Last month Brian Hanna was appointed Interim Director of Michigan’s Cannabis Regulatory Agency. To give us a sense of his thinking, Hanna granted Grown In a one-on-one interview in his agency’s offices in Lansing.
Illinois lawsuit argues dispensary application process discriminates against LGBTQ+
MKPG LLC is contending in an Illinois court that until 2011, they would not have legally been able to be one of these Marines, thus Illinois’ cannabis application’s extra points for veterans are discriminatory.
Illinois gets its first operating infusers; oil prices fluctuate between $13-$20k a liter
Illinois now has two operating legal cannabis infusers, the first set of new adult use cannabis businesses to be operating and selling product since early 2020.
Once a strong suit, Michigan’s medical sales are cratering
Michigan’s medical cannabis sales are collapsing. Two years ago the state’s medical cannabis sales totals were almost three times what they are today.
The five states with adult use referendums: What to watch for this November
This fall there’s five states with active ballot questions that could legalize adult use cannabis possession on Nov. 8: Arkansas, Maryland, Missouri, North Dakota, and South Dakota. Not all are a sure thing.
Michigan cannabis activists call a rally, but it’s mostly for “maintenance”
About 100 cannabis caregivers, patients, and activists gathered on the Michigan Capitol Lawn in Lansing Tuesday to register their overall support for the state’s unique caregiver laws.
Amidst pot price crash, Michigan operators float a grow license moratorium. But is it too late to matter?
Outdoor-grown cannabis is selling on Michigan’s legal market for as low as $250 a pound, driving a fracas of industry consolidation and a high stakes legislative attempt to bring prices back up to a more profitable level.
