CHICAGO, Jan. 22, 2018 /Weed Wire/ — Issues of teen use and cannabis public education programs were discussed today at the Senate and House committee hearing on legalizing adult-use cannabis.
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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.
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.
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.
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.
CHICAGO, Aug. 3, 2017 /Weed Wire/ — Cards Against Humanity and the Marijuana Policy Project are partnering to support an effort to legalize and regulate marijuana use among adults in Illinois.
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.
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.
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.
A new patch, to fight pain. It’s the latest product being rolled out at the states medical marijuana dispensaries.
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.
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.
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.
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.
CHICAGO, May 5, 2016 /Weed Wire/ — Starting May 5, 2016, Bedford Grow LLC, a medical cannabis cultivator in Chicago, will begin distributing its product to be used by approved medical patients.
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.
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.
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.
Bob Morgan, a healthcare attorney at Much Shelist, a law firm based in Chicago, will be discussing medical marijuana policy in March at the California Cannabis Business Expo.
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.
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.
Medical cannabis has been made available to patients in Illinois over the course of the past two months and has already made a significant impact.
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.
CHICAGO, Oct. 30, 2015 /Weed Wire/ — HerbFront Capital, the lending arm of nation’s first real estate exchange platform for the legal cannabis industry, is offering an exciting limited-time opportunity — waiving application fees for the first 10 clients.
Hollowaty Group LLC is an independent business strategy consultancy dedicated to helping legalized cannabis industry companies and investors perform at a higher level.
CHICAGO, Aug. 17, 2015 /Weed Wire/ — Alex Thiersch, managing principal of Salveo Capital, will be speaking at the Cannabis World Congress & Business Exposition in Los Angeles on September 18.
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.
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.
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.
CHICAGO, July 15, 2015 /Weed Wire/ — HerbFront Inc. is pleased to announce the launch of HerbFront Capital, a lending, business brokerage and advisory arm of its existing powerful real estate mapping technology platform.
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.
Bruce Blunt, the aptly named Chicago man charged with misdemeanor animal cruelty after a video of him blowing marijuana smoke into the face of his pet chameleon Binna went viral, has been acquitted by a Cook County circuit court judge.
The Land of Lincoln’s medical marijuana program has been off to a slow start—with not one patient yet receiving treatment from the pilot program that went into effect Jan. 1, 2014.
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.
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.
HerbFront is a real estate platform devoted exclusively to the legal cannabis market and zoning research. Through its HerbFront Real Estate Advisors Network, it provides predictive mapping for potential legal cannabis properties.
Sometimes it isn’t easy to occupy a “niche” in the business world. The niche doesn’t present itself for occupation, it has to be found, or created, by the ingenious.
Former Gov. Pat Quinn left behind a list of businesses poised to land the coveted licenses to grow and sell medical marijuana when his term ended this month.
It was only a matter of time before the emerging business of legalized marijuana became a tech play—and a real estate play.
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.
(AP) — Officials say the first approval letters have been sent to Illinois patients who’ve applied to use medical marijuana legally.
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.”
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.
CFO Worldwide is a boutique accounting and financial services firm, including a specific cannabis practice. We act as an outsource CFO and provide accounting and bookkeeping services to private companies with revenues between $1 million and $30 million.
The country’s largest cannabis investor group held a pitch forum in Chicago.
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.
MONTICELLO — A Chicago company wants to put a medical marijuana cultivation center on 23 acres of land in Monticello that it already has under contract.
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.
Aldermen took steps Tuesday to further limit where medical marijuana dispensaries could be located in the city.
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.