Pritzker Administration Announces Fourth Month Sales Totals For Illinois Adult Use Cannabis

State’s new adult-use cannabis industry generated more than $37 million in sales in April ILLINOIS: The Illinois Department of Financial and Professional Regulation has announced preliminary numbers show statewide adult-use cannabis sales in April totaled $37,260,497.89. Dispensaries across the state sold 818,954 items over the 30-day period. Sales to Illinois residents totaled $29,735,650.41, while sales Read the full article…

U.S. House Of Representatives Approves Cannabis Banking Reform In Larger COVID-19 Relief Package

Lawmakers voted 208-199 (23 not voting) in favor of coronavirus “HEROES” relief package DISTRICT OF COLUMBIA: On Friday evening (5/15/20) lawmakers in the United States House of Representatives passed additional coronavirus relief legislation to provide continued economic and government support to the country. The Health and Economic Recovery Omnibus Emergency Solutions (HEROES) Act includes the Read the full article…

Senator Harris, Colleagues Call On Congressional Leaders To Ensure Cannabis Small Businesses Can Access Emergency SBA Loan & Grant Programs

DISTRICT OF COLUMBIA: U.S. Senator Kamala D. Harris (D-CA) on Wednesday joined Senators Jacky Rosen (D-NV) and Ron Wyden (D-OR), and 7 of their Senate colleagues in sending a letter to Congressional leadership calling for forthcoming COVID-19 relief legislative packages to allow state-legal cannabis small businesses and indirect cannabis small businesses to access loan and Read the full article…

Wyden, Merkley Call For SBA To Accept Loan Application From Cannabis Business In Cannabis-Legal States

Oregon senators: “SBA loans would be especially helpful to cannabis small businesses because they would fill gaps left by the private sector.” DISTRICT OF COLUMBIA: U.S. Sens. Ron Wyden and Jeff Merkley today announced they are requesting that the Small Business Administration (SBA) be prohibited from denying loan applications to cannabis small businesses in states Read the full article…