Illinois judge upholds state craft grow license delay
A Cook County judge turned down a demand by a group of Illinois craft grow applicants for the state to immediately issue 40 craft grow licenses
Midwest
Coverage of Illinois, Michigan, Missouri, and Ohio.
Updated: Missouri judge upholds state medical marijuana program against unconstitutionality charge
A Missouri judge found today that law creating the state’s medical marijuana program did not conflict with the Missouri constitution, putting to rest one of the biggest challenges to the state’s recently launched program.
After two month wait, Michigan releases numbers that show big cannabis sales drop
Michigan’s medical cannabis sales have dropped by $15 million on a monthly basis since July.
Ascend Wellness Holdings to acquire Midway Dispensary and its “plus-one” recreational location for more than $25m
A source with knowledge of the transaction confirmed for Grown In that the value assigned to the cannabis retail assets is between $25 million and $30 million.
High dollar bids fly for Curaleaf’s 6 extra Illinois licenses
The company is close to finalizing a state-mandated sale of up to six dispensary licenses.
St. Louis Ram stalwart Grant Wistrom tackles the bud biz in “the buckle of the bible belt”
Wistrom is planning to open The Revival Ninety-Eight dispensary early next year in Springfield, Missouri.
Mateo Marchan shares why he started a cannabis industry association as an undergrad at Michigan State University
Michigan State University Cannabis Industry Association founder Matteo Marchan details how he formed the club, the companies he recruited for mentorship and support, and what it’s like entering a young industry with a signature product he is too young to consume.
Michigan cannabis regulator plans to keep a light touch on market and propose legislative changes in early 2021
Grown In checked in with Andrew Brisbo with a Friday afternoon interview to get a better understanding of what’s to come next.
Verano floats $3 billion valuation via reverse takeover as Chicago emerges as cannabis capital for multistate operators
Verano Holdings is circulating an investor deck to raise $75 million while concurrently moving to obtain a publicly-traded status on the Canadian Securities Exchange.
Illinois regulators and legislators scramble to get licenses on the street, despite legal tangles
Political pressure is on Illinois cannabis regulators and legislators to get more cannabis licenses in the hands of entrepreneurs.
