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Craft Cannabis Growers In Illinois Struggle To Find Financial Footing Despite Millions In State Aid

“Dispensaries are just so much easier to stand up, and they’re easier to get funding for because they can start making revenue on day one.” By Alex Nitkin, Illinois Answers Project A gentle hum of movement filled a cannabis packing room on a recent Friday morning as hundreds of pounds of marijuana were prepared for […]

Evanston , Illinois , United-states , Indiana , Chicago , Rolling-meadows , Joliet , Akele-parnell , Alex-nitkin , Ambrose-jackson , Seke-ballard , Scott-redman

Helios Labs, Illinois' First Social Equity Cannabis License Owner, Awarded $1M Loan From State's DCEO Program

/PRNewswire/ -- Helios Labs, a minority-owned craft cannabis grower located in Broadview, Illinois, announced it secured the first loan from the Illinois...

Illinois , United-states , Chicago , Ambrose-jackson , Seke-ballard , Instagram , Illinois-department-of-commerce , Innovation-agency , Facebook , Cannabis-social-equity-loan-program , Illinois-department , Economic-opportunity

Opinion: Cannabis needs SAFE banking

The news cycle surrounding cannabis has recently been on fire... ahem... so to speak,

Colorado , United-states , State-of-colorado , Colorado-springs , Jared-polis , Barack-obama , Phil-weiser , Ed-perlmutter , Dianne-primavera , Georgew-bush , Joe-biden , Us-senate

Opinion: About damn time

It's time to bring recreational marijuana sales in from the cold. It’s been 10 years since rec marijuana was legalized in Colorado, and our city’s one of the few still

Colorado , United-states , Manitou-springs , San-diego , California , Texas , Washington , Denver , Colorado-springs , Schuyler-foerster , Ed-perlmutter , John-suthers

Chicago's BetaBank is a new Black-owned bank in the works | Crain's Chicago Business

With just one Black-owned bank left in town, BetaBank will be a welcome addition if it's approved and capitalized. But founder Seke Ballard seeks to create a lender focused on small businesses of all demographics.

Chicago , Illinois , United-states , Seke-ballard , Great-recession , Good-tree-capital ,

Opinion: Rec marijuana: Bring it home

The issue:

Colorado , United-states , Manitou-springs , San-diego , California , Washington , Denver , Colorado-springs , Schuyler-foerster , Ed-perlmutter , John-suthers , Colorado-department-of-revenue

Finding financing for marijuana businesses is like 'Shark Tank'

Finding financing for marijuana businesses is like 'Shark Tank'
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California , United-states , Illinois , Cook-county , Chicago , Josem-osorio , Ambrose-jackson , Kevin-hart , Seke-ballard , Lauren-huffman , Illinois-department-of-commerce , Arcview-group

Illinois marijuana license winners compete in scramble for startup cash

Illinois marijuana license winners compete in scramble for startup cash
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California , United-states , Illinois , Cook-county , Chicago , Ambrose-jackson , Kevin-hart , Seke-ballard , Lauren-huffman , Illinois-department-of-commerce , Arcview-group , Chicago-tribune

Weed License Lottery Dates Set As Governor Signs New Cannabis Law

Weed License Lottery Dates Set As Governor Signs New Cannabis Law
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Gov. Pritzker Signs Law To Get Ball Rolling After Continued Delays In Licenses For Minority Marijuana Entrepreneurs

Gov. Pritzker Signs Law To Get Ball Rolling After Continued Delays In Licenses For Minority Marijuana Entrepreneurs
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Woodlawn , Illinois , United-states , Malta , State-of-illinois , Illinois-college , Kishwaukee-college , River-grove , Wilbur-wright-college , Chicago , Kiana-hughes , Toi-hutchinson