C3 and 4Front raise capital; Ayr arrives in Illinois; More funds for mushrooms
C3 Raises $25 million, 4Front announces $50 million raise, Ayr now has four Illinois licenses, and a pair of psychedelics companies raises over $50 million.
Coverage of Illinois, Michigan, Missouri, and Ohio.
C3 Raises $25 million, 4Front announces $50 million raise, Ayr now has four Illinois licenses, and a pair of psychedelics companies raises over $50 million.
A trio of Illinois cannabis dispensary applicants filed suit last Friday in federal court to demand participation in the August 19 Tied Applicant Lottery.
Michigan cannabis regulators rolled out nine sets of draft rules impacting everything from product testing to business agreements.
Illinois cannabis regulators assigned 55 new adult-use dispensary licenses and some went to familiar names in the cannabis business.
Today’s Illinois dispensary lotteries will proceed and winners can be announced, but the winners cannot be actually awarded their licenses until after an August 9 court hearing.
Here are the basic facts on today’s Illinois dispensary license lottery, lawsuits, and other Illinois license awards still in process.
All forty of the Illinois craft grow licenses awarded two weeks ago went to veteran-led teams, Gov. J.B. Pritzker’s office admitted to Grown In this week.
Missouri Gov. Mike Parson appointed Donald G. Kauerauf to head up the Department of Health and Senior Services.
Herbal Remedies Dispensaries in Quincy, Illinois, agreed last week to be acquired for $30 million by Ayr Wellness.
Illinois and Michigan cannabis sales stayed steady for another month as Missouri medical cannabis sales continued to inch up in June.