Missouri’s little numbers are big
Perhaps the biggest story is that little sliver at the bottom right of the chart, where Missouri turned in a tiny 2.4% of Illinois’ raging sales month.
Midwest
Coverage of Illinois, Michigan, Missouri, and Ohio.
Cresco acquires Florida presence in stock deal and raises money in hot market
Chicago-based Cresco Labs announced Friday that it had raised $125 million from seven institutional investors off a valuation of nearly $3 billion.
Cannabis legislation moving in Illinois, not so much in Michigan and Missouri
Illinois is moving a bill to create more cannabis licenses, while cannabis legislation in Michigan and Missouri seems stalled for now.
Illinois medical dispensaries race to secure “plus one” recreational locations
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.
Five reasons why cannabis is Chicago’s most successful startup industry right now
Maybe Chicago has a shot at reigning over a booming national bud business.
Majesta Minerals shareholders to vote on Verano merger
Shareholders of Majesta Minerals Incorporated will convene January 27 to review financial information from Verano Holdings and Alternative Medical Enterprises.
Michigan’s raucous cannabis market is perfect home for broker salesmen doing it the old fashioned way
An intense and varied market has developed in Michigan, where some dispensaries attempt to compete on price where others strive to sell the best, highest quality product available.
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.
Springfield lame duck session may bring new dispensary licenses this week
The plan discussed would create 75 new dispensary licenses for applicants that did not make it into the lottery round announced last September.
124 new companies became Michigan growers in the last six months
As of the end of 2020, 205 companies had obtained cultivation licenses, whereas in July just 81 companies had cultivation licenses.
