Cresco Labs Continues Its Illinois Expansion With Regulatory Approval For Three Dispensaries

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ILLINOIS: Cresco Labs Inc., one of the largest vertically integrated multi-state cannabis operators in the United States, today announced that it received approval from the Illinois Department of Financial and Professional Regulation (IDFPR) for Cresco’s previously announced acquisitions of licensed medical cannabis dispensaries MedMar Rockford and MedMar Lakeview, located in the popular Wrigleyville neighborhood of Chicago. The IDFPR also Read the full article…

Cresco Labs To Acquire Origin House In Largest-Ever Public Company Acquisition In The U.S. Cannabis Sector

Cresco Labs

ILLINOIS: Cresco Labs Inc. and CannaRoyalty Corp. announced that they have entered into a definitive agreement pursuant to which Cresco Labs will acquire all of the issued and outstanding shares of Origin House. Under the terms of the Agreement, holders of common shares of Origin House will receive 0.8428 subordinate voting shares of Cresco Labs for each Origin House Read the full article…

Cresco Labs Shares Approved to Trade on the OTC Markets under the Symbol ‘CRLBF’

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ILLINOIS: Cresco Labs, one of the largest vertically integrated multi-state cannabis operators in the United States, announced that its shares have been approved to be quoted on the Over-the-Counter Market (OTC) and will trade under the symbol “CRLBF,” effective immediately. Cresco has applied to trade its shares to the OTCQX Market, the top tier of the three Read the full article…

Cresco Labs Launches Hemp CBD Subsidiary — Expands House Of Brands

CRESCO CBD

ILLINOIS: Cresco Labs, one of the largest vertically integrated multi-state cannabis operators in the nation, today announced the formation of a new wellness subsidiary, Well Beings, that will provide the Company the ability to expand its house of branded products to all 50 states to potentially reach a new customer base outside of the licensed dispensary Read the full article…

Cresco Labs’ Mindy’s Edibles Ranks First for Cannabis Edible Sales In Nevada

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ILLINOIS: Cresco Labs, one of the largest vertically integrated multistate cannabis operators in the United States, is excited to announce that its Mindy’s Kitchen brand has been ranked the top selling edible in Nevada according to Headset, the first real-time data analytics and business intelligence platform for the cannabis industry. In partnership with Cresco Labs, James Beard Read the full article…

Cresco Labs’ Dispensary Launches Newly Enacted Illinois Opioid Alternative Pilot Program

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ILLINOIS: Cresco Labs, one of the largest vertically integrated multi-state cannabis operators in the United States, announced that the Company’s FloraMedex dispensary launched Illinois’ Opioid Alternative Pilot Program (OAPP) today vastly expanding the population of Illinois patients who can access medical cannabis in place of pharmaceutical opioid medications. Under this new program, patients with doctor approval Read the full article…

Cresco Labs Continues Illinois Expansion With Acquisition Of Two Dispensaries

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ILLINOIS: Cresco Labs, one of the largest vertically integrated multi-state cannabis operators in the United States, today announced that it has signed dual definitive agreements to acquire licensed Illinois medical cannabis dispensaries MedMar Rockford and MedMar Lakeview, located in the popular Wrigleyville neighborhood of Chicago. These will be Cresco Labs’ fourth and fifth dispensary acquisitions, respectively, Read the full article…

Illinois Governor Signs Landmark Medical Marijuana Legislation

"This law will give thousands of Illinoisans who struggle with the negative side effects of opioids, including harmful addiction, another choice to manage their pain," the governor said.

 Gov. Rauner extends health insurance to fertility preservation
Gov. Rauner extends health insurance to fertility preservation
​A new law (HB 2617) signed by Gov. Bruce Rauner amends the Illinois insurance code to require coverage of egg or sperm preservation, a well-established medical practice that gives hope to patients who receive life-saving cancer treatment that they can one day have their own children.

 Hearing Aid Legislation
Gov. Rauner approves landmark legislation to cover hearing aids for children
The governor signed House Bill 4516 at the Capitol with 10-year-old Hunter Martin. Hunter and his brother, Owen, 7, both wear hearing aids. Hunter, who resides in Illiopolis, testified in front of House and Senate committees in 2017 and again this year to advocate for the new law.

 State Capitol Building
Governor signs measures to ramp up treatment of mental illness, opioid abuse
Gov. Bruce Rauner this week signed a bill package that increases access to mental health and substance use disorder treatment and addresses the state's opioid crisis.

 Rauner enacts legislation to streamline services for veterans
Rauner enacts legislation to streamline services for veterans
​Legislation signed by Gov. Bruce Rauner streamlines veteran identification services and makes it easier for homeless veterans to access needed medical benefits. Rauner also made Nov. 4th GI Bill of Rights Day to pay tribute to the American Legion committee, chaired by the 29th Governor of Illinois, that wrote the historic Serviceman's Readjustment Act of 1944.

ILLINOIS: Gov. Bruce Rauner today signed the Alternatives to Opioids Act of 2018, adding those who might otherwise seek opioids for pain management to the list of those eligible for medical marijuana. “This law will give thousands of Illinoisans who struggle with the negative side effects of opioids, including harmful addiction, another choice to manage their Read the full article…

Green With Envy: Why the Biggest Battleground for the Beverage Industry Will be in Cannabis

Infused beverages represent a growth segment of the canna economy

ILLINOIS: Legal cannabis provides a valuable opportunity to reshape the consumer beverage industry, according to Cannabiz Consumer Group (C2G). Today, beverages generate nearly $1.5 trillion annually for the US economy. Manufacturers profiting from increasing demand for beverages that are healthier alternatives to traditional sodas and sugary drinks, while delivering unique flavors and experiences. Coupled with ample Read the full article…

Revolution Enterprises Wins Preliminary Approval To Dispense Cannabis In Maryland

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MARYLAND: Revolution Maryland Retail LLC received preliminary authorization to operate a medical cannabis dispensary in Maryland. Revolution Maryland Retail was awarded license pre-approval to operate in Maryland’s Senatorial District 34 following a competitive licensing process that drew 811 applications for up to 109 available licenses statewide. District 34 sits northeast of Baltimore along the Interstate 95 corridor, and encompasses a majority Read the full article…