Tag: State of Cannabis

Jason Erkes Of Cresco Labs Discusses Plans For Danville Cannabis Dispensary

Operators of a new recreational cannabis dispensary in Danville say they hope to open in the spring. Chicago-based Cresco Labs operates cannabis businesses in seven states. In Illinois, it owns cannabis cultivation facilities in Joliet, Lincoln and Kankakee, and operates recreational dispensaries under its Sunnyside brand in Rockford, Chicago, Elmwood Park, Buffalo Grove and Champaign.

The Challenges of Cannabis Finances

On just the first day of sales on January 1, legal marijuana in Illinois brought in nearly $3.2 million dollars, with a total of almost $11 million dollars in sales by the end of that week, according to the state. But while recreational weed is now legal in Illinois, it’s still considered a schedule 1 drug at the