Michigan Could Face Competition after Illinois Legislature Approves Recreational Pot

When Illinois Gov. J.B. Pritzker signs legislation legalizing recreational marijuana later this month, it will set up a race for the Midwest.

Who gets to be first in the Midwest to kick off the market for legal weed and capitalize on a potential billion dollar industry, Michigan or Illinois? Continue reading “Michigan Could Face Competition after Illinois Legislature Approves Recreational Pot”

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

Cresco Labs (CSE: CL) (“Cresco” or “the Company”), one of the largest vertically integrated multistate 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 can receive near-immediate access to cannabis products from an Illinois licensed dispensary. Continue reading “Cresco Labs’ Dispensary Launches Newly Enacted Illinois Opioid Alternative Pilot Program”

Illinois just elected a cannabis-friendly governor and Chicago pot companies are on the move

In the past six months, Illinois marijuana companies have gone public in Canada, raised hundreds of millions of dollars to fund expansions and consolidated through a number of deals — one topping $680 million.

The state’s medical marijuana companies are moving at a fast and furious pace. They are largely past the days when growth was stagnant and there was a stigma around weed. About 60 percent of Americans think recreational marijuana should be legalized, and Illinois just elected a governor, Democrat J.B. Pritzker, who has said he is one of them. Continue reading “Illinois just elected a cannabis-friendly governor and Chicago pot companies are on the move”

Illinois Lawmakers Approve Measure To Allow Medical Marijuana As Prescription Painkiller Substitute

Illinois lawmakers have approved a measure not only to allow medical marijuana to be used in place of prescription painkillers, but to eliminate requirements for patients to get fingerprints and criminal background checks. Continue reading “Illinois Lawmakers Approve Measure To Allow Medical Marijuana As Prescription Painkiller Substitute”

Doctors From Illinois Are Fighting For Medical Marijuana To Replace Opioids

As a prominent Chicago surgeon, Dr. Charles Bush-Joseph sees them all too frequently: people who endure severe injuries or multiple surgeries, only to become addicted to prescription painkillers.

One patient who pleaded for help was on such strong drugs already that Bush-Joseph knew he couldn’t handle more surgery without dangerously high levels of opioids. Continue reading “Doctors From Illinois Are Fighting For Medical Marijuana To Replace Opioids”

Illinois Lawmakers Introduce Marijuana Legalization Bills

Lawmakers are proposing to legalize recreational marijuana in Illinois but say the legislation probably won’t come up for a vote until next year.

Sponsors on Wednesday introduced bills that would make it legal for adults 21 and older to possess, grow and buy limited amounts of marijuana. Continue reading “Illinois Lawmakers Introduce Marijuana Legalization Bills”