The nine-page lawsuit was filed this week in U.S. District Court for the Northern District of Illinois against Chicago-based Green Thumb Industries and Verano Holdings as well as Atlanta-headquartered Surterra Holdings (now Parallel) and Denver-based Akerna, which provides technology services to the cannabis industry.
Illinois’ cannabis dispensaries are noticing a steady drop in sales after record-setting sales in December. High prices and a lack of supply likely push customers to street dealers.
Illinois marijuana revenue in 2021 will likely more than double that of 2020, but high taxes keep illegal drug dealers thriving. November 2021 was the ninth consecutive month with over $100 million in marijuana sales in Illinois dispensaries, according to new state data. Illinois surpassed the 2020 sales total of $669 million in June this year. Despite the […]
From Chicago Tribune: Recreational marijuana sales in Illinois set another record in May with more than $116 million of weed sold, the Illinois Department of Financial and Professional Regulation reported Wednesday. That tops last month’s record by $1.4 million, and is up 163% from May 2020. Last month, the state’s 110 dispensaries sold more than […]