Tag Archives: chicago

Steans and Cassidy: Legal Cannabis Could Bring Revenue, Jobs to Illinois

CHICAGO, Nov. 28, 2017 /Weed Wire/ — Illinois could see up to $699 million in new revenue by legalizing cannabis use among adults through a measure that would spur economic development while protecting public safety. Lawmakers heard from advocates today during a combined Senate and House hearing.

IL-Release Regulate Rick Steves

Travel Writer Rick Steves to Hold News Conference in Support of Ending Marijuana Prohibition in Illinois

CHICAGO, Nov. 27, 2017 /Weed Wire/ — Travel guru Rick Steves will visit Illinois on Tuesday to advocate for legislation to make marijuana legal for adults and regulate it similarly to alcohol.

Aclara Research - preliminary results

Aclara Research Continues to Lead the Cannabis Industry with Release of Latest Study

CHICAGO, Nov. 1, 2017 /Weed Wire/ — Aclara Research, a leader in the development of patient and consumer insights within the cannabis industry, today released the preliminary results of their latest study examining patient usage of medical cannabis and the impact on prescription opioid usage.

American Pain Society

American Pain Society Supports Passage of Marijuana Effective Studies Act

CHICAGO, Sept.18, 2017 /Weed Wire/ – A bipartisan group of senators led by Brian Schatz (D-Hawaii) has reintroduced the Marijuana Effective Studies Act of 2016 (MEDS Act), which will remove excessive regulatory barriers inhibiting researchers from obtaining marijuana plants to conduct studies assessing the drug’s medical effectiveness and safety.

Aclara Research - preliminary results

Aclara Research Leads Medical Cannabis Industry with Release of Largest Illinois Patient Study

CHICAGO, Ill., May 23, 2017 /Weed Wire/ — Aclara Research, a leader in the development of patient and consumer insights within the medical cannabis industry, today released the results of The Illinois Medical Cannabis Patient Experience Study – the first of Illinois patients since the inception of the pilot program in 2012.

IL-Release Regulate Rick Steves

Coalition Forms to Support Illinois Marijuana Regulation Bill; Gen. Assembly Sets First Hearing

CHICAGO, April 12, 2017 /Weed Wire/ — Sponsors of a proposal to regulate and tax marijuana for adult use in Illinois announced Wednesday that lawmakers will hold the first hearing on the bill next week in Chicago.

Steans Seeks to Mend Budget Woes by Legalizing Marijuana

CHICAGO, March 23, 2017 /Weed Wire/ — Senator Heather Steans (D-Chicago) seeks to create a new revenue source for the State of Illinois by legalizing and taxing recreational marijuana. Senate Bill 316 legalizes the possession of up to 28 grams of marijuana and will allow facilities to sell marijuana products.

Consumption Ban

Illinois Governor Signs Bill Decriminalizing Marijuana

SPRINGFIELD, Ill, July 29, 2016 /Weed Wire/ — Gov. Bruce Rauner signed a bill into law Friday that removes criminal penalties for possession of a personal amount of marijuana and replaces them with a civil fine. The new law is effective immediately.

Salveo Health

Salveo Capital Announces Launch of Cannabis Fund

CHICAGO, July 26, 2016 /Weed Wire/ — Salveo Capital LLC announces the re-launch of Salveo Fund I, LLC (“Fund”) with the addition of Michael Gruber (Managing Partner), Jeffrey Howard (Managing Partner) and Achint Prabhat (Director of Fund Operations) to the existing team of Alex Thiersch (Partner), John Dohm (Partner) and Eric Atienza (Director of Communications). Salveo is a venture capital fund with offices in Chicago, Illinois, that will invest in emerging growth companies within the cannabis sector.


Illinois House Sends New Decriminalization Bill to Governor

The Illinois House on Wednesday sent a new attempt at marijuana decriminalization to Gov. Bruce Rauner. Rauner vetoed last year’s bill, saying it set the limit for possession too high—up to 15 grams—and the fines too low, between $55 and $125. The new bill would set fines at $100 to $200 for people caught with up to 10 grams of marijuana.

Consumption Ban

Illinois House Approves Bill to Remove Criminal Penalties for Marijuana Possession

CHICAGO, Ill., May 18, 2016 /Weed Wire/ — The Illinois House approved a bill 64-50 on Wednesday that would replace criminal penalties with a civil fine for possession of a personal amount of marijuana. It will now go to Gov. Bruce Rauner for approval.

Consumption Ban

Illinois Senate Approves Marijuana Decriminalization Bill

CHICAGO, April 19, 2016 /Weed Wire/ — The Illinois Senate approved a bill 40-14 on Tuesday that would replace criminal penalties with a civil fine for possession of a personal amount of marijuana. It will now go to the House for further consideration.

MJIC Logo quarterly rebalancing

California Cannabis Business Expo (CCBE) — 3 Full Days — 5 Not-to-be-Missed Events, San Francisco, March 3-5

CHICAGO, Feb. 22, 2016 /Weed Wire/ — California Cannabis Business Expo (CCBE) offers all the legal cannabis business information fit to know, along with five of the cannabis industry’s biggest must-attend events in three days at the Hilton Union Square, San Francisco, March 3-5, 2016.

MJIC Logo quarterly rebalancing

CannaPitch Goes ‘Public’ at California Cannabis Business Expo, March 3-5, San Francisco

CHICAGO, Feb. 17, 2016 /Weed Wire/ — CannaPitch IPO, the legal cannabis industry’s premiere pitch event, will be open to the investing public, bringing true crowdfunding to cannabis companies at the California Cannabis Business Expo, March 4 at the Hilton Union Square, San Francisco.

Rollman & Dahlin Law Firm

Cannabis Law Firm Opens in Chicago’s Fulton Market

CHICAGO, Jan. 26, 2016 /Weed Wire/ — Two veteran Chicago attorneys have launched the first cannabis-focused, women-owned firm in a state with a regulated cannabis industry. Dina Rollman and Bryna Dahlin saw a need for a top flight firm that caters to nascent cannabis businesses, and Rollman & Dahlin LLP was born.

MJIC Inc Scholarships

Marijuana Investor Summit Awards Six Scholarships to Fledgling Cannabis Companies

CHICAGO, Jan. 18, 2016 /Weed Wire/ — Six fledgling cannabis companies received the first Marijuana Investor Summit & Business Expo scholarships. The event will be held March 3-5 at the Hilton Union Square, San Francisco.

MJIC Media Conference and Reports

Cannabis Growth Capital Conference, Las Vegas, Nov. 10-11—Learn the New Trends in Cannabis Investing and Learn Why What Happens in Vegas Travels the World

CHICAGO, Nov. 9, 2015 /Weed Wire/ — The Cannabis Growth Capital Conference will bring the best public and private investment companies in the industry together at the Westgate Convention Center, Las Vegas, Nov. 10-11.

Hollowaty group

Hollowaty Group LLC Raises the Bar on Marijuana Market Research

CHICAGO, Aug. 5, 2015 /Weed Wire/ — Hollowaty Group, LLC today announced the debut of its cannabis market demand models in electronic format for every U.S. state, bringing an elevated level of analytical rigor, flexibility and transparency to this rapidly growing, multi-billion dollar industry.

The Marijuana Index

The Marijuana Index Approves CLS Holdings USA, Inc. for Inclusion in its Global and U.S. Reporting Indexes

CHICAGO, Aug. 4, 2015 /Weed Wire/ — The Marijuana Index today announced approval for CLS Holdings USA, Inc. (OTCQB: CLSH) to be added to the Global index and U.S. Reporting Index. The addition of CLSH is to be effective August 3, 2015.


Chicago Cannabis Conference Spotlights CBD, Tech Innovations

This year’s annual My Compassion Cannabis Conference in Chicago brought together advocates, vendors and prospective medical marijuana patients during a three-day event focused on education and networking.


SmithAmundsen Presents Complimentary Webinar: Intellectual Property in the Medical Cannabis Industry

CHICAGO, June 23, 2015 /Weed Wire/ – On Thursday, June 25, 2015 the law firm of SmithAmundsen will host a complimentary webinar on intellectual property challenges related to the medical cannabis industry as part of its bi-monthly series addressing the medical cannabis industry’s unique legal challenges.

racial disparity

Proposed Illinois Cannabis Bill Cracks Down on Racial Disparity

A proposed Illinois bill currently in the Senate would amend the state’s Cannabis Control Act, reducing penalties for small amounts of cannabis. And the act just might be the change Illinois needs to address racial disparities in arrests and incarceration.

Cannafundr Financials and Deutsche

Germany’s Deutsche Cannabis Partners with Chicago Based CannaFundr

CHICAGO, April 13, 2015 /Weed Wire/ — CannaFundr, a premiere online investment platform for the cannabis industry, announced today an exclusive partnership with Deutsche Cannabis AG, Europe’s first publically traded investment firm focused on legal marijuana related companies.


Strip Club Owner, Ex-White House Aide Among Those Seeking to Sell Medical Pot

The list of would-be medical marijuana purveyors seeking permits to locate in Chicago includes a trucking company founder and strip club owner, a former Clinton White House aide who’s now a Latino issues advocate and two brothers who own a popular bar and video game arcade.

Money in Illinois

Illinois Gets Over $5M from MMJ Applicants

Before close of business on Wednesday, September 24, 2014, state officials in Illinois announced the number of grower and dispensary applications it received for its Medical Cannabis Pilot Program. According to the Associated Press, “more than 350 groups have applied to be the first to legally grow or sell medical marijuana in Illinois.”

Reform Team

Passing the Torch for Marijuana Reform

Ethan Nadelmann, Founder and Executive Director of the Drug Policy Alliance, recently addressed the ArcView Investors Chicago Forum about the need for new marijuana capitalists to step up to the task of supporting drug law reform. In a nutshell, his message to new investors was that without continued focus on changing the law, there will be no place for investments to go.

Morning Radio

Morning Shift: Investors Ready to Cash in on Medical Marijuana Business

We talk about how some Illinois residents plan to invest in Illinois’ medical marijuana business. And, we look at the Illinois Green Party’s attempts at getting on the November ballot. Plus, we chat with one of Chicago’s renowned photographers, John H. White.

Event Jets

Cannabis Industry Events Across Coasts

One of the surest ways to become more connected in the cannabis industry is to go to marijuana trade shows. You’ll be presented with countless networking opportunities as you meet growers, glass blowers, dispensary gurus and edible engineers. On top of that, you also get to enjoy listening to valuable lectures by leading industry experts.

Quantum 9

Quantum 9 is cannabis consulting and technology organization. Areas of expertise include permit acquisition, employee training and process optimization. Quantum 9’s patent pending technology helps clients stay state compliant while optimizing all areas of cultivation and retail operations.

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