Entities that already applied for coveted IL licenses can resubmit new applications
Days after an executive order was issued by Governor J.B. Pritzker to extend (for the second time) the deadline to apply for licenses to craft grower, infuser and transporter cannabis to April 30, the Illinois Department of Agriculture is allowing entities that submitted their applications ahead of the initial March 16 deadline to file brand new applications.
Fyllo incorporates artificial intelligence into its ad planning software suite
Less than three months after acquiring Denver-based CannaRegs for $10 million, Chicago-based marketing technology startup Fyllo released its new Compass software that helps advertisers more efficiently comply with state and municipal regulations.
Through a combination of artificial intelligence, image recognition and natural language processing technology, Compass makes sure advertising content and copy is compliant within state and municipality marketing and communication regulations.
Company was founded in 2019 by advertising technology veterans in Chicago and New York. The company to date has raised at least $20 million in venture financing.
Maybe next year for legal weed in New York State
While there was hope as recently as last week that New York through its state legislature would legalize recreational cannabis in 2020, governor Andrew Cuomo said this week that his attention to coronavirus-related issues will preclude that from happening.
“We’re not gonna get there,” he explained to reporters, indicating focus and resources required to properly implement the law are directed elsewhere.
Green Thumb Industries opens Rise Cranberry dispensary in Pennsylvania
Chicago-based multi-state cannabis retailer, processor and cultivator Green Thumb Industries opened its 42 retail location on March 31.
Rise Cranberry is the company’s ninth dispensary in Pennsylvania, where cannabis is legal to consumers with a medical card and where adult-use legalization remains a possibility in 2020.