ILLINOIS
Parallel’s $1.9 billion SPAC terminated
Atlanta-based multistate operator Parallel no longer plans to create a $1.9 billion special interest acquisition corporation (SPAC) with …
Brokers, attorneys, and buyers Grown In has spoken to report going rates for dispensary licenses anywhere between $3 million and $8 million.
Jon Sandelman says he’s trying to position AYR Wellness for when big CPG companies enter the cannabis market. When that happens, he …
Four suits have been filed in Illinois demanding courts overturn disqualification of craft grow and transporter applicants from license lotteries.
It’ll be at least another month’s wait for Illinois’ 185 dispensary licenses locked up in court.
The executive director of Illinois’ largest cannabis trade association is stepping down in two months.
MICHIGAN
The first of likely many political battles over a proposed legislation package that would sharply reduce the number of patients caregivers can …
Parallel’s $1.9 billion SPAC terminated
Atlanta-based multistate operator Parallel no longer plans to create a $1.9 billion special interest acquisition corporation (SPAC) with …
Michigan’s flower prices are down while overall unit sales are up in a big way, according to state regulators.
Jon Sandelman says he’s trying to position AYR Wellness for when big CPG companies enter the cannabis market. When that happens, he …
Is there a carrot that can be used instead of the stick?
News and notes for cannabis practitioners in the Midwest and beyond.
MISSOURI
A federal judge’s order temporarily halting Missouri’s cannabis license majority ownership requirement…
Missouri cannabis regulators do not appear to be revoking licenses from entities that have not stood up their businesses by September 30.
Missouri cannabis operators lost an opportunity for a state-level tax offset for federal 280E tax expenses last week after the Republican-dominated state …
Michigan and Illinois passed the $1 billion mark for legal cannabis sales last month.
Missouri claims over 5,000 positions have been created in the state’s cannabis industry.
A coalition led by Missouri cannabis company operators submitted paperwork last week to add an initiative question to the 2022 November ballot …
