In The News

Chicago pot startup raises $120M, support grows for legal weed

Verano, a newly-minted Chicago-based marijuana company, raised $120 million in private funding that will be used to bankroll expansion in Illinois and beyond. After consolidating several existing cannabis operations and acquiring another, […]

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Viridian Cannabis Deal Tracker for the Week Ended October 26, 2018

Capital Raises Biotech/Pharma Vitality Biopharma Receives $8.5 Million Common Stock Financing Consumption Devices Weed Vaping Startup Pax Raises $20 Million Namaste Announces Closing of C$51,750,000 Bought Deal Financing Including Full […]

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Cannabis Company Verano Launches With $120M Investment

Alex Oleinic, Benzinga Staff Writer   A new company has joined the ranks of enterprises in the cannabis space. Chicago-based Verano has received financing totaling $120 million and will be led […]

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DEA Greenlights Epidiolex. What’s Next for CBD and the Cannabis Industry?

With the DEA signaling a willingness to join the FDA in approving certain cannabis-derived drugs for sale, the industry looks ahead to more tidal shifts. This week, the Drug Enforcement […]

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Medical marijuana edibles debut in Illinois, come with risks

CHICAGO Edible medical marijuana made its Illinois debut Saturday, ending a wait for patients who prefer eating to inhaling. To some, cannabis-infused foods seem milder than smoke or vapor, but […]

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Legal marijuana stirs hope in Illinois town

Carla K. Johnson AP Medical Writer A skunky aroma fills the room in which hundreds of lush marijuana plants grow, some nearly ready for harvest. Grower Ashley Thompson, a former high […]

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First Illinois Cultivation Center begins production of medical cannabis

The medicinal marijuana facility in Albion is beginning production. Ataraxia announced Monday it opened its doors to begin growing what the group believes to be the first round of medical […]

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