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Illinois Sees Record Pot Sales, With Boost From Lollapalooza
Illinois dispensaries sold a record $127.8 million in recreational marijuana in July, with a big boost coming from out-of-state fans who converged on Chicago for the Lollapalooza music festival
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How Can States Address the Opportunity Gap in the Cannabis Industry?
Many states that are legalizing marijuana have plans to help communities hurt by the war on drugs and create a legal weed industry reflective of those communities. But there needs to be more than “magical thinking” from regulators to get those businesses started, says Smoke Wallin, a board member of the U.S. Hemp Roundtable.
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Illinois Cannabis Sales Continue to Smash Records, With Revenue Exceeding That of Liquor
Legalized cannabis sales in Illinois continue to smash all sorts of records, with the state now exceeding $1 billion in recreational weed sales and setting a new record for sales in the month of April. According to the latest data available from the state’s Department of Revenue, Illinois recorded nearly $115 million in sales in the month of April alone,…
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Despite Promise, Minorities Left Out of Illinois' Billion Dollar Cannabis Industry
When adult-use cannabis was legalized in Illinois, social equity was promised to right the wrongs made against minority communities as a result of the war on drugs, but that largely hasn’t happened. NBC 5’s Chris Hush explains.
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Cannabis Has A Booming Year, But Industry Argues It Could Be Much Bigger
The state of Illinois has made millions in one year after the legalization of recreational marijuana. But could booming sales be even better? NBC 5’s Phil Rogers reports.
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Illinois Marijuana Sales Top $100 Million in October
Illinois saw more than $100 million in marijuana sales in October, the Illinois Department of Financial and Professional Regulation reported Monday. There was a record $75 million in recreational pot sales last month, up nearly $8 million from the previous month. Sales of medical marijuana totaled another $33 million, according to officials. The first 10 months of legal cannabis sales…
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CEO of Chicago-Based Cresco Labs Talks Legal Marijuana Industry Challenges
Demand for marijuana products in U.S. states where they are legal in some form has been resilient this year, despite the pandemic. In California and other states that account for most of the retail sales of marijuana for recreational use, sales are up 8.5% from a year ago, according to data from industry tracker Headset. Charlie Bachtell, CEO and co-founder…