cannabis

IllinoisRetail

Englewood Construction building cannabis dispensaries throughout Illinois

Englewood Construction has been awarded multiple recreational cannabis dispensary projects in Illinois, including The Herbal Care Center in Chicago; Windy City Cannabis locations in Highwood,…

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Complicated but worth it: Real estate tax incentives and structures designed for cannabis companies

The cannabis boom in Illinois has created a real estate boom in that sector, too—and just like everything in cannabis, it’s complicated. When you’re advising…

Cresco Labs shakes up senior leadership team

Chicago-based Cresco Labs, a vertically integrated cannabis operator, has made key appointments to its senior leadership team. The additions and promotions include Tom Manning, Todd…

State gives final approval for first adult-use dispensary in downtown Chicago

Chicago-headquartered Cresco, a vertically integrated, multistate cannabis operator, received an adult-use dispensing organization license from the Illinois Department of Financial Regulation for its dispensary located…

Standard lease terms don’t fit the marijuana industry

By 2025, legal sales of marijuana in the United States may approach $40 billion. Clearly, the marijuana industry offers great opportunity for some commercial real…

Construction begins on Chicago cannabis dispensary project

Englewood Construction has started work on the renovation of a cannabis dispensary facility in Chicago for Custom Strains.

Innovative Industrial Properties acquires cannabis cultivation facility in $9M sale-leaseback

Innovative Industrial Properties, Inc. (IIP) closed on a $9 million sale-leaseback transaction with Green Thumb Industries Inc. (GTI) for its 46,000-square-foot cannabis cultivation and processing…

River North pot dispensary moves forward following zoning approval

Cresco Labs received special use approval from the Chicago Zoning Board of Appeals for a marijuana dispensary to be located at 436 N. Clark Street…

Know before you grow: Secrets of successful cannabis facilities

As cannabis legalization sweeps the Midwest, demand for facilities to grow, process and sell cannabis products is skyrocketing. A shared concern in every state is…

New pot laws mean that industrial opportunities are bubbling up

As the calendar flips over from one decade to another, Illinois finds itself in a new era with the 2020 legalization of recreational cannabis. The…