Cannabis in Illinois

Chicago Cannabis Leaders Launch "Green Rose Advisors" Providing Consulting Services for Cannabis Entrepreneurs in Illinois and Around the United States.

Retrieved on:

Tuesday, August 3, 2021

Cannabis, Cannabis smoking, Entheogens, Euphoriants, Psychoactive drugs, Drugs, Cannabis in Illinois

CHICAGO, Aug. 3, 2021 /PRNewswire/ --A group of Chicago cannabis leaders launched Green Rose Advisors ( https://www.greenroseadvisors.com ) a consulting firm offering expertise and resources to social equity cannabis entrepreneurs in Illinois and around the United States.

Key Points:

CHICAGO, Aug. 3, 2021 /PRNewswire/ --A group of Chicago cannabis leaders launched Green Rose Advisors ( https://www.greenroseadvisors.com ) a consulting firm offering expertise and resources to social equity cannabis entrepreneurs in Illinois and around the United States.
Now they are offering additional consulting services and resources to help construct and operate dispensaries, craft growers and infusers as well.
Green Rose Advisors launched the same week the first social equity lottery was held in Illinois for 55 dispensary licenses.
Morreale was also co-founder and the longest serving chairman of the Medical Cannabis Alliance of Illinois (now the Cannabis Business Association of Illinois).

Flora Growth Executes International Sales Agreement to Enter Australian Medical Cannabis and Over-The-Counter CBD Market

Retrieved on:

Thursday, July 29, 2021

Alternative medicine, Health, Other Health, Herbalism, Medicinal plants, Health sciences, Medicine, Drug control law, Branches of biology, Cannabis, Cannabis law, Legality of cannabis, Medical cannabis, Cannabis in Illinois

The Company expects to ship its medical-grade cannabis products upon completion of its first commercial harvest and obtaining necessary export licenses.

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The Company expects to ship its medical-grade cannabis products upon completion of its first commercial harvest and obtaining necessary export licenses.
Data firm, FreshLeaf Analytics, forecasts the Australian medical cannabis market to surpass AU$200 million in 2021 and notes strong patient growth metrics by a factor of 15x over the past two years.
Furthermore, Prohibition Partners estimates that the Australian medical cannabis market could reach US$1.5 billion by 2025.
Evergreen works with patients and healthcare practitioners, primarily physicians and pharmacists, to provide medical cannabis products and to educate about the authorization and use of medical cannabis.

Cresco Labs to Report Second Quarter 2021 Financial Results on August 13th

Retrieved on:

Friday, July 9, 2021

Alternative medicine, Retail, Health, Other Retail, Tobacco, Specialty, Cannabis, Cannabis in Illinois, Cresco Labs, Cresco, OTC Markets Group

Cresco Labs Inc. (CSE:CL) (OTCQX:CRLBF) (Cresco Labs or the Company), a vertically integrated multistate operator and the number one wholesaler of branded cannabis products in the U.S., announced today that it will report financial results for the second quarter ended June 30th, 2021 on Friday August 13th, 2021 before the market opens.

Key Points:

Cresco Labs Inc. (CSE:CL) (OTCQX:CRLBF) (Cresco Labs or the Company), a vertically integrated multistate operator and the number one wholesaler of branded cannabis products in the U.S., announced today that it will report financial results for the second quarter ended June 30th, 2021 on Friday August 13th, 2021 before the market opens.
The Company will host a conference call and webcast to discuss its financial results and provide investors with key business highlights.
Archived access to the webcast will be available for one year on the Cresco Labs investor relations website.
No assurances are given as to the future trading price or trading volumes of Cresco Labs shares, nor as to the Companys financial performance in future financial periods.

Cresco Labs Announces Opening of Sunnyside Philadelphia, Its Fourth Dispensary in Pennsylvania and 33rd Operating U.S. Store

Retrieved on:

Monday, June 21, 2021

Other Consumer, Women, Wine & Spirits, Tobacco, MEN, Specialty, Alternative medicine, Consumer, Health, Retail, Cannabis, Cannabis in Illinois, Cresco Labs, Cresco, Dispensary, Sunnyside, Houston

Cresco Labs (CSE:CL) (OTCQX:CRLBF) (Cresco or the Company), a vertically integrated multistate operator and the number one U.S. wholesaler of branded cannabis products, announced today the opening of Sunnyside Philadelphia, its fourth dispensary in Pennsylvania.

Key Points:

Cresco Labs (CSE:CL) (OTCQX:CRLBF) (Cresco or the Company), a vertically integrated multistate operator and the number one U.S. wholesaler of branded cannabis products, announced today the opening of Sunnyside Philadelphia, its fourth dispensary in Pennsylvania.
View the full release here: https://www.businesswire.com/news/home/20210621005212/en/
Cresco Labs Sunnyside expands into Philadelphia with fourth dispensary opening in Pennsylvania.
In addition to its retail network in Pennsylvania, Cresco Labs continues to distribute its portfolio of branded products to 100% of dispensaries throughout the state.
Sunnyside, Cresco Labs national dispensary brand, is a wellness-focused retailer created to build trust, education and convenience for both existing and new cannabis consumers.

Cresco Labs Launches Social Justice Campaign on 50th Anniversary of War on Drugs

Retrieved on:

Thursday, June 17, 2021

Alternative medicine, Other Retail, Health, Retail, Tobacco, Cannabis, Cannabis in Illinois, Cresco Labs, Psychoactive drugs, Cresco, Legality of cannabis

Today, on the 50th anniversary of when America started its longest warthe War on Drugs Cresco Labs (CSE:CL) (OTCQX:CRLBF) (Cresco or the Company), a vertically integrated multistate operator and the number one U.S. wholesaler of branded cannabis products, announced the launch of a summer-long social justice campaign supported by its Sunnyside retail brand and flagship cannabis brand, Cresco .

Key Points:

Today, on the 50th anniversary of when America started its longest warthe War on Drugs Cresco Labs (CSE:CL) (OTCQX:CRLBF) (Cresco or the Company), a vertically integrated multistate operator and the number one U.S. wholesaler of branded cannabis products, announced the launch of a summer-long social justice campaign supported by its Sunnyside retail brand and flagship cannabis brand, Cresco .
On this 50th anniversary of the War on Drugs, our country must take action to dismantle a system of over-policing and mass incarceration for cannabis offenses and continue cannabis reform efforts, said Charlie Bachtell, CEO and Co-founder, Cresco Labs.
Social equity and social justice must be fundamental components of this industry.
In addition, Cresco Labs is encouraging its third-party vendor partners to support this campaign through financial contributions that will go towards expungement.

Cresco Labs Diversifies Edibles & Vape Portfolio Through Good News Brand Expansion

Retrieved on:

Wednesday, June 9, 2021

Alternative medicine, Retail, Health, Other Retail, Tobacco, Specialty, Tobacco, Cannabis, Electronic cigarettes, Psychoactive drugs, Cannabis in Illinois, Cresco Labs, Cresco, Electronic cigarette

Cresco Labs (CSE:CL) (OTCQX:CRLBF) (Cresco Labs or the Company), a vertically integrated multistate operator and the number one U.S. wholesaler of branded cannabis products, today announced the portfolio expansion of its Good News brand.

Key Points:

Cresco Labs (CSE:CL) (OTCQX:CRLBF) (Cresco Labs or the Company), a vertically integrated multistate operator and the number one U.S. wholesaler of branded cannabis products, today announced the portfolio expansion of its Good News brand.
Under its social occasion-based Good News brand, Cresco is launching Counting Sheep, Day Off and Pride products in edible and vape forms in California, Illinois and Michigan.
View the full release here: https://www.businesswire.com/news/home/20210609005290/en/
Cresco Labs is diversifying its wholesale portfolio under its Good News brand in California, Illinois and Michigan.
In this photo from left to right: Good News Counting Sheep, Me Time, Brunch, Friyay and Vegas disposable vape pens and gummies.

Cresco Labs Announces First Quarter 2021 Financial Results Under U.S. GAAP

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Thursday, May 27, 2021

Alternative medicine, Retail, Health, Other Retail, Agriculture, Fitness & Nutrition, Natural Resources, Cannabis, Cannabis in Illinois, Cresco Labs, International Financial Reporting Standards, Cresco, Generally Accepted Accounting Principles, Financial statement, OTC Markets Group, Companies

Cresco Labs Inc. (CSE: CL) (OTCQX: CRLBF) (FSE: 6CQ) (Cresco Labs or the Company), a vertically integrated multistate operator and the number one U.S. wholesaler of branded cannabis products, today announced its financial results for the first quarter ended March 31, 2021.

Key Points:

Cresco Labs Inc. (CSE: CL) (OTCQX: CRLBF) (FSE: 6CQ) (Cresco Labs or the Company), a vertically integrated multistate operator and the number one U.S. wholesaler of branded cannabis products, today announced its financial results for the first quarter ended March 31, 2021.
This represents another step to prepare Cresco Labs for the future opportunities that await in the U.S. capital markets.
The financial information reported in this press release is based on unaudited management prepared financial statements for the three months ended March 31, 2021.
Beginning with the quarter ended March 31, 2021, the Company has prepared its financial statements, including all comparative figures, in compliance with U.S. GAAP instead of IFRS.

Cresco Labs Announces the Appointment of Sidney Dillard to Its Board of Directors

Retrieved on:

Friday, May 21, 2021

Agriculture, Natural Resources, Alternative medicine, Health, Tobacco, Consumer, Other Consumer, Retail, Cannabis, Cannabis in Illinois, Cresco Labs, Cresco, OTC Markets Group

b'Cresco Labs (CSE:CL) (OTCQX:CRLBF) (\xe2\x80\x9cCresco Labs\xe2\x80\x9d or \xe2\x80\x9cthe Company\xe2\x80\x9d), a vertically integrated multistate operator and the number one U.S. wholesaler of branded cannabis products, today announced the appointment of Sidney Dillard to its board of directors, effective immediately.

Key Points:

b'Cresco Labs (CSE:CL) (OTCQX:CRLBF) (\xe2\x80\x9cCresco Labs\xe2\x80\x9d or \xe2\x80\x9cthe Company\xe2\x80\x9d), a vertically integrated multistate operator and the number one U.S. wholesaler of branded cannabis products, today announced the appointment of Sidney Dillard to its board of directors, effective immediately.
View the full release here: https://www.businesswire.com/news/home/20210521005063/en/\nFinancial Services Executive Sidney Dillard was appointed to the Board of Directors of Cresco Labs (Photo: Business Wire)\n\xe2\x80\x9cI\xe2\x80\x99m pleased to welcome Sidney to the Cresco Labs\xe2\x80\x99 board as our newest independent director.
She has an outstanding track record of advising companies on raising and deploying capital.
Her clients have included companies in a wide range of industries, including consumer products, retail, and real estate, among others.

UIC Law Launches Social Equity Cannabis Initiative with Attorney S.L. Owens

Retrieved on:

Tuesday, May 4, 2021

Herbalism, Medicinal plants, Health sciences, Cannabis in Illinois, Illinois Cannabis Regulation and Tax Act, Cannabis, Medical cannabis, Branches of biology, Medicine

Owens has joined the Community Enterprise & Solidarity Economy Clinic at UIC John Marshall Law School as its newest staff attorney.

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Owens has joined the Community Enterprise & Solidarity Economy Clinic at UIC John Marshall Law School as its newest staff attorney.
Owens will lead the Social Equity Cannabis Initiative, designed by the CESEC in partnership with the Illinois Department of Commerce and Economic Opportunity.
from the University of Wisconsin-Madison, where she received a U.S. Fulbright Fellowship.\nUnder the Social Equity Cannabis Initiative, the CESEC provides the following services to help Social Equity Applicants understand the Illinois Cannabis Regulation and Tax Act and other cannabis-related laws: legal representation; brief advising; and legal technical assistance workshops.
\xe2\x80\x9cS.L.\xe2\x80\x99s knowledge, cannabis law experience and life-long connection to social equity communities here in Chicago are an invaluable asset to the growth and success of the Initiative and UIC Law students.\xe2\x80\x9d\nUIC Law is the 16th college at the University of Illinois at Chicago\xe2\x80\x94Chicago\xe2\x80\x99s largest university and its only public Carnegie Research 1 institution.

Cresco Labs to Report First Quarter 2021 Financial Results on May 27th and Announces Conversion to U.S. GAAP Accounting

Retrieved on:

Tuesday, May 4, 2021

This conversion from IFRS to U.S. GAAP is being made to further prepare Cresco Labs for future capital markets opportunities in the U.S. and to more closely align with reporting standards familiar to U.S. investors and stakeholders.

Key Points:

This conversion from IFRS to U.S. GAAP is being made to further prepare Cresco Labs for future capital markets opportunities in the U.S. and to more closely align with reporting standards familiar to U.S. investors and stakeholders.
Sunnyside, Cresco Labs\xe2\x80\x99 national dispensary brand, is a wellness-focused retailer created to build trust, education and convenience for both existing and new cannabis consumers.
Because of these uncertainties, you should not place undue reliance on the Company\xe2\x80\x99s forward-looking statements.
No assurances are given as to the future trading price or trading volumes of Cresco Labs\xe2\x80\x99 shares, nor as to the Company\xe2\x80\x99s financial performance in future financial periods.