National
California cannabis company backed by Jay-Z plans to invest $10 million in minority-owned startups
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Jay-Z’ new cannabis investment group says existing MSO’s aren’t doing enough to improve equity.
Illinois
Five reasons why cannabis is Chicago’s most successful startup industry right now
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Maybe Chicago has a shot at reigning over a booming national bud business.
Grown In Nuggets
Michigan approves cannabis for canines; Wana enters Missouri; Labor union wins first Illinois contract
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News and nuggets for cannabis industry practitioners in the Midwest and beyond.
Michigan
In 6 months, over 120 new companies have opened dispensaries in Michigan
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120 new companies have entered the market, as 289 companies held cannabis licenses as of the end of December 2020.
Illinois
Majesta Minerals shareholders to vote on Verano merger
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Shareholders of Majesta Minerals Incorporated will convene January 27 to review financial information from Verano Holdings and Alternative Medical Enterprises.
Michigan
Michigan’s raucous cannabis market is perfect home for broker salesmen doing it the old fashioned way
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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.
Michigan
124 new companies became Michigan growers in the last six months
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As of the end of 2020, 205 companies had obtained cultivation licenses, whereas in July just 81 companies had cultivation licenses.
Opinion
2021 predictions: Midwest states will be at the center of a transformational year in cannabis commerce
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Assuming the federal government will continue to legitimize the industry this year, the Midwest will be at the center of the pot party.
Illinois
Springfield lame duck session may bring new dispensary licenses this week
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The plan discussed would create 75 new dispensary licenses for applicants that did not make it into the lottery round announced last September.
Illinois
Illinois judge upholds state craft grow license delay
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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