Cannifem represents much of what state lawmakers hoped for when they legalized marijuana in Illinois. The startup business was formed by three Black women from areas hardest hit by the war on drugs. Yet the group failed to get any of the three cannabis licenses for which it applied. And the women spent tens of […]
Illinois
Illinois cannabis consumers now have more ways to dial in their experience with the launch of new CBD/THC ratio product from Wana Brands
PRESS RELEASE CHICAGO (August 25, 2020) — Wana Brands, America’s favorite cannabis-infused product manufacturer, has expanded its Illinois offerings to include its popular Exotic Yuzu 2:1 CBD/THC ratio option, through its exclusive partnership with Grassroots, one of the largest medical cannabis providers in Illinois. Defined by hints of distinct acidity and unique sweetness inspired by […]
Illinois Marijuana Sales Break Another Record, With $61 Million Sold In July
CHICAGO (CBS) — While many businesses have been struggling to survive during the pandemic, Illinois pot dispensaries have continued to thrive, setting another sales record in July. The $61 million in recreational marijuana sales last month represented a 28% increase over June, when Illinois had $47.6 million in sales, according to the Illinois Department of […]
The Hopes of Illinois Social Equity Applicants
Editor’s Note: CBE was touched by the following essay that was sent to us the other day. We wanted to do our small part in helping those severely effected by the War on Drugs by sharing it with our readers, many of whom are working hard to right the ship by employing or working with […]
Update From Illinois
Those watching this space have seen commentary from High Yield about adult use legalization in emerging states such as Illinois. Having a presence in multiple markets across the country gives us a first-hand view into both mature markets and emerging markets like the Land of Lincoln. As Illinois became the first state to legalize adult […]
What happens to the weed black market when recreational marijuana goes legal Jan. 1 in Illinois? ‘I see it opening the door to more clients,’ one dealer says.
Recreational marijuana sales start Jan. 1, but it could be years before pot users abandon their black-market weed dealers. Chicago-area residents who buy marijuana from dealers say they’re excited to buy it from stores, to learn more about the products and not risk the fines or criminal charges associated with illegal weed possession. However, the […]
These 2 States Are Sabotaging Their Respective Marijuana Industries
These billion-dollar markets are making it impossible for their cannabis industries to thrive. At this time last year, the cannabis industry looked as if it would be practically unstoppable. Canada had just become the first industrialized country in the world to legalize recreational marijuana, and Wall Street was throwing out huge estimates on future industry […]
Legal marijuana is coming to Illinois as Gov. Pritzker signs bill he calls an ‘important and overdue change to our state’
Gov. J.B. Pritzker on Tuesday signed into law a bill that will legalize marijuana in Illinois next year, marking a momentous shift in how the state treats drug use. The bill will allow the licensed growth, sales, possession and consumption of cannabis for adults 21 and older. The signing ceremony, attended by several lawmakers, officeholders […]
An Introduction to Adult-Use Cannabis in Illinois
By Rebecca Rothmann, Justin S. Dobek and Daniel J. McMahon Jr. Illinois is poised to legalize adult-use cannabis. As of May 31, 2019, the Illinois House and Senate have passed the Cannabis Regulation and Tax Act (the Act) and the bill is on Governor Pritzker’s desk for approval. With more than 12 million residents, Illinois […]
Illinois House approves marijuana legalization bill backed by Gov. J.B. Pritzker
Illinois is one signature away from joining the 10 other states that have legalized recreational use of marijuana. With a bipartisan vote of 66-47, the House approved a bill Friday that had been passed by the Senate Wednesday. Gov. J.B. Pritzker, who campaigned for office on a promise to legalize pot, almost immediately issued a […]
