Cannabis News Box

Adult-use cannabis sales in Illinois hit another new record in September

https://www.ecosia.org/images?q=illinois+cannabis#id=BAF0AFDC3A7F093302B4CD311E7C8060B161D46F

Bethan Rose Jenkins, Cannabis News Writer/Editorial

October 20, 2020

Illinois' recreational cannabis industry is on a continuous race towards success, with sales of legal weed approaching $68 million in September — almost $4 million more than the total sales recorded in August.  September's sales comprised more than 1.4 million products. Approximately a quarter ...

Caregivers could support more patients under Massachusetts’ refreshed medical cannabis regulations

http://marijuana.heraldtribune.com/2014/11/24/massachusetts-push-grows-full-cannabis-legalization/

Bethan Rose Jenkins, Cannabis News Writer/Editorial

August 27, 2020

Massachusetts has refreshed its medical cannabis regulations to provide patients with greater access to their medicine. However, the decision didn't come without it's hurdles. Opposing opinions meant that patients hit loggerheads with a patient advocacy group in regards to what the right approach woul...

Illinois’ adult-use cannabis industry is successful, but strained by lack of supply

https://www.ecosia.org/images?q=illinois+cannabis#id=BAF0AFDC3A7F093302B4CD311E7C8060B161D46F

Bethan Rose Jenkins, Cannabis News Writer/Editorial

July 29, 2020

During the first six months of legal recreational cannabis sales in Illinois, the state managed to harvest $52 million in revenue. While it's clear that the market has thrived since the Cannabis Regulation and Tax Act was enacted in January, supply concerns are lingering for both the medical and adult-use markets. Something t...

Illinois scooped a record-breaking $44 million from recreational cannabis sales in May

https://www.ecosia.org/images?q=illinois+cannabis#id=BAF0AFDC3A7F093302B4CD311E7C8060B161D46F

Bethan Rose Jenkins, Cannabis News Writer/Editorial

June 25, 2020

Coronavirus-related social distancing measures were expected to impede growth of recreational cannabis sales in Illinois but interestingly, residents snapped up more than $34 million worth of legal weed products during the month of May. It was at this point that the COVID-19 pandemic reached boiling point, with la...

Coronavirus has left 75 cannabis dispensary license applicants in Illinois feeling impatient

https://www.ecosia.org/images?q=illinois+cannabis#id=BAF0AFDC3A7F093302B4CD311E7C8060B161D46F

Bethan Rose Jenkins, Cannabis News Writer/Editorial

May 11, 2020

As if the coronavirus pandemic hasn’t already caused enough problems for the cannabis industry – not to mention various other industries – but now, it has put the awarding of dispensary licenses in Illinois on the backburner. Currently, hopeful licensees are waiting for the Illinois Department...

Illinois lawmakers are helping residents of disproportionately impacted areas benefit from cannabis reform

https://www.ecosia.org/images?q=illinois+cannabis#id=BAF0AFDC3A7F093302B4CD311E7C8060B161D46F

Bethan Rose Jenkins, Cannabis News Writer/Editorial

October 17, 2019

The Department of Commerce and Economic Opportunity (DCEO) has informed Illinois residents of the requirements for social equity program eligibility. Individuals will be considered as social equity applicants if they are deemed to come from 'disproportionately impacted areas'. Eligible applicants ...

Illinois Senate panel passes bill to protect banks serving cannabis businesses

http://www.nprillinois.org/post/democrats-confident-budget-veto-override#stream/0

Bethan Rose Jenkins, Cannabis News Writer/Editorial

April 2, 2019

An Illinois senate committee has voted to advance a cannabis bill. If approved, it would restrict the Illinois Department of Financial and Professional Regulation from taking any form of legal action that could potentially discourage banks and credit unions from working with legal cannabis businesses. ...

Illinois Department of Financial and Professional Regulation