Post Tagged with: "Illinois"

investors Of ResponsibleOhio To Sell Shares in Pot-Growing Firms

investors Of ResponsibleOhio To Sell Shares in Pot-Growing Firms

When asked whether entrepreneurs would be able to lease space in the indoor growing facilities, Oltman declined to comment. Oltman said the plan does not allow vertical integration, so businesses could not both grow marijuana and make marijuana products or sell pot in a retail store. ResponsibleOhio has been dropping hints about opening the grow sites to additional investors, but spokeswoman […]

August 25, 2015 · 0 comments · Investing
NTRR Says U.S. Cannabis Market Growth Continues

NTRR Says U.S. Cannabis Market Growth Continues

This is a market with a huge amount of growth still to come, Brown said. We expect that keeping up with demand will be a challenge, particularly as new regulations are instituted concerning the use of potentially harmful chemicals in the industry. Illinois is only the latest state of many to authorize cannabis cultivation. Many others appear poised to allow […]

July 28, 2015 · 0 comments · Investing
Medical Marijuana Conference In Chicago Kicks Off

Medical Marijuana Conference In Chicago Kicks Off

But the one thing you do have trouble finding at the medical marijuana conference is customers. “The people that have all the money on the table, that are investing to open up the dispensaries, they’re at risk right now. And yes, they’re sweating. Because we only have like 26-hundred patients,” said medical marijuana advocate Patty Schuler. Nearly a year after […]

July 27, 2015 · 0 comments · Investing
“When Can We Buy Medical Marijuana?”, Ask Illinois Residents

“When Can We Buy Medical Marijuana?”, Ask Illinois Residents

            Medical marijuana has been just out of reach for Illinois residents for months, despite the fact that lawmakers made it legal more than a year ago. Medical marijuana became legal in Illinois more than a year ago, but there are several more steps that had to happen before residents could take part in the […]

May 7, 2015 · 0 comments · Investing
Problems That Can Arise After Pot Legalization

Problems That Can Arise After Pot Legalization

      Illinois in 2013 passed a highly-regulated pilot program that so far has resulted in a relatively low number of approved patients (1,600 at the state’s last count, earlier this month) and a tediously long delay between becoming law (Jan. 1, 2014) and being launched (it will be months before patients begin picking up prescriptions).  This is because […]

March 16, 2015 · 0 comments · Investing
Medical Marijuana Grower Surrendered One Of Three Pot Licenses

Medical Marijuana Grower Surrendered One Of Three Pot Licenses

The state required a $200,000 fee and a $2 million bond or escrow account for each permit. The warehouses where the plant is grown must be operating within six months or the licensees may forfeit the bond to the state. Green Thumb Industries LLC (GTI) also plan cultivation centers in Rock Island and LaSalle counties. Thompson said GTI officials told […]

March 10, 2015 · 0 comments · Investing
Woodstock Medical Pot Dispensary License Is On Pending Status

Woodstock Medical Pot Dispensary License Is On Pending Status

          Eastwood Drive. The petitioner is the building owner/landlord, and Alternative Treatments Ltd. is seeking to be the tenant, city officials said. The petitioner could not be reached for comment. Cort Carlson, Woodstock economic development director, confirmed Alternative Treatments Ltd. was approved to complete the registration. Alternative Treatments Ltd. is among a list of 52 dispensary […]

February 12, 2015 · 0 comments · Investing
Illinois Medical Marijuana Shop Approved To Open Up In Oak Park

Illinois Medical Marijuana Shop Approved To Open Up In Oak Park

Future Transactions Holdings, LLC won the sole license to operate a marijuana dispensary in Oak Park, River Forest, Berwyn, Cicero and Riverside. It will be one of the state’s 60 dispensaries under the four-year pilot program. The dispensary’s tentative name is “District 36,” named after the Illinois State Police district it’s located within. Its owner is Chicagoan Brad Zerman. He’s […]

February 4, 2015 · 0 comments · Investing
Bruce Rauner Announces Those Qualified To Grow Marijuana

Bruce Rauner Announces Those Qualified To Grow Marijuana

Patients and medical marijuana advocates lauded the governor for taking swift action on the licenses, allowing the medical marijuana program to gain momentum. “The fact that Gov. Rauner of Illinois didn’t sit on it forever, it shows class,” said Jim Champion, an Army veteran with multiple sclerosis who advocated for the legalization of medical marijuana. The process fell to Rauner […]

February 4, 2015 · 0 comments · Investing
Is There A Future For Marijuana In Pennsylvania?

Is There A Future For Marijuana In Pennsylvania?

Is there a future in Pennsylvania for medical marijuana?  Now that some states like Colorado and Illinois have legalized pot, Pennsylvania is looking forward to look into marijuana whether it can help the state financially and if it can help its constituents with their health problems. News 8 is looking into the future of medical marijuana in Pennsylvania. One of […]

January 30, 2015 · 0 comments · Investing