Illinois cannabis

Planet 13's leadership, including co-CEOs Robert Groesbeck and Larry Scheffler and CFO Dennis Loganr ecently discussed the company’s strategic initiatives and market outlook in a webinar hosted by Pablo Zuanic of Zuanic & Associates. The conversation covered significant updates...

Despite an overall decline in mergers and acquisitions (M&A) across the cannabis industry, a few states are bucking the trend, showcasing growth and resilience. Recent data from Viridian Capital Advisors provides a comprehensive view of this dynamic sector, highlighting intriguing patterns for...

Jon Levine, CEO of multi-state cannabis operator, MariMed (OTC: MRMD), and Erik Sloane, Global Head of Corporate Listings at Cboe Canada, discussed the evolving Illinois cannabis market at the Benzinga Cannabis Capital Conference. Levine noted their strong management team, emphasizing their...

The introduction of recreational cannabis sales has brought about significant shifts in the medical marijuana (MMJ) landscape across several states, impacting sales and patient counts. In many states, MMJ sales have experienced double-digit declines following the onset of recreational sales....

Maryland's recreational cannabis sales, which began in July 2023, surged impressively in just the first month, reaching $87.3 million. According to analysis firm, Zuanic & Associates, this significant growth, although promising, falls slightly short of expectations given the state's...

Maryland's Allure In Maryland, the recreational cannabis market hit the ground running, amassing $87.3 million in July sales. While this marks a significant boost from previous medical sales, it also reflects the broader trend of robust initial sales observed in many newly launched markets....

Illinois' cannabis retailers sold $140 million in weed products in July, breaking a record for 2023 and marking the second-highest monthly total since legal sales launched in 2020. Illinois is hosting the Benzinga Cannabis Capital Conference in Chicago on Sept 27-28.  The...

Zuanic & Associates' latest Key States equity report takes us "in the weeds" with state-level data, revealing crucial insights and trends that may impact the industry in the year ahead. Key Trends: State-Level Data Despite fundamentals taking a backseat to federal reform news flow...

State Data Provides Crucial Insights on Medical Marijuana, Influences Federal Classification Review Several states with medical marijuana programs, including Illinois, Maryland, Massachusetts, Minnesota, and Utah, have shared crucial data on marijuana use and its effects with U.S. health regulators...

Bipartisan Bill Seeks To Ease Hemp Farming Regulations Bipartisan lawmakers have introduced a bill to reduce regulations on farmers growing industrial hemp for non-extraction purposes. If passed, farmers would be exempt from background checks and rigorous testing requirements, with an annual visual...

Over 100 workers at five Verilife cannabis stores in Illinois have joined unions, with Teamsters Local 777 reaching a tentative agreement that includes a 20% wage increase, additional full-time positions, guaranteed gratuities and employer-funded retirement contributions. Verilife is a...

PBC 2023 Conference to feature a keynote panel discussion with cannabis regulators from California, New York, Illinois, Oklahoma, and Massachusetts. PBC Co-Founder Peter Joukov will moderate a panel that includes: Nicole Elliott, Director, Department of Cannabis Control, California Tremaine Wright...