Despite governor’s report, most Illinois social equity businesses …
WEBAug 22, 2024 · The breakdown of operational social equity businesses includes: There’s a total of 221 marijuana dispensaries open in Illinois as of July 26, including 55 medical and the 111 social equity shops, the IDFPR reported. There are 21 operational cultivation centers and six licensed testing labs, according to the Department of Agriculture.
Green Market Report
WEBSep 27, 2024 · The Green Market Report focuses on the financial news of the rapidly growing cannabis industry. Our target approach filters out the daily noise and does a deep dive into the financial, business and economic side of the cannabis industry.
Investors file $5 million class action lawsuit against High Times
WEBAug 6, 2024 · The cohort, led by Mark C. Donius and Jill L. Donius, filed a class action lawsuit against High Times Holding Corp. at the end of June in the District of Delaware. According to the court complaint, the Doniuses attempted to invest $5,500 in 2021 by sending a check to Prime Trust, the company that …
Bilzerian's Ignite Faces More Trouble Over Documents - Green …
WEBMarch 20, 2023. Instagram celebrity Dan Bilzerian and his cannabis-focused company Ignite International Brands are in hot water with the courts for not turning over documents in a contract dispute case. According to Law360, the company was told on February 28, 2023, that it had 10 days in order to produce 65 documents.
Theory Wellness to Become Largest Employee-Owned Cannabis …
WEBDec 21, 2023 · Massachusetts-based Theory Wellness is becoming the largest employee-owned cannabis company and the timing with the holidays is a bonus. In addition to bringing the employees on as owners, the restructuring will put “millions” back into the company each year – a benefit for both the organization and its new employee owners – by bypassing the onerous 280E tax provision, according to one ...
New York Cannabis Licensing Underway, but Questions Still Abound
WEBOct 12, 2023 · New York’s long-awaited universal marijuana business license application window opened last week for all comers, following a new dump of rules and regulations the Friday before designed to answer a lot of stakeholder questions about the permitting process.. While the new release of intel was substantial – including, for instance, breakdowns on how many licenses regulators expect to award ...
The Top Ten Largest Cannabis Companies For 2021 - Green …
WEBDec 15, 2021 · The Top Ten Largest Cannabis Companies For 2021. Debra Borchardt December 15, 2021 12. These are the ten largest cannabis companies based on revenue for the last nine months of 2021. It doesn’t include proforma numbers or planned acquisitions as no ever planned deal is a closed deal. The Scotts Miracle-Gro (NYSE SMG) is in the lead based on ...
Dutchie Gets $1.7 Billion Valuation, Buys Greenbits, LeafLogix
WEBMar 16, 2021 · One of the fastest-growing cannabis tech platforms Dutchie said it completed its $200 million Series C, at a $1.7 billion valuation. The company’s latest funding round is led by Tiger Global, with participation from new investors Dragoneer and DFJ Growth, and from existing investors including Casa Verde Capital, Thrive Capital, Gron Ventures, and former Starbucks Chairman and CEO Howard […]
Creditors Foreclose on Assets of SNDL’s Parallel - Green Market …
WEBSep 25, 2023 · SNDL said in its Friday statement that on Sept. 21, Talladega LP, a partnership wholly owned by affiliates of SunStream and creditors of Parallel, signed a strict foreclosure agreement with Parallel. As a result, CDXX TransCo LLC will foreclose on some of Parallel’s cannabis operations in Florida, Massachusetts, Texas, and Nevada that were ...
Verano Quickly Jumps To The Top As Stock Begins Trading
WEBFeb 16, 2021 · Verano Holdings Corp. (CSE: VRNO) is set to begin trading on February 17 after closing the reverse takeover of Majesta Minerals Inc. and the merger with Alternative Medical Enterprises LLC, Plants of Ruskin GPS, LLC, RVC 360, LLC, and affiliated companies better known as AltMed and sometimes referred to as AME. The company noted that the Subordinate Voting Shares would begin trading on the CSE ...