Marijuana


The Latest

Landlords of cannabis production facilities and dispensaries are outperforming the market (Getty, iStock)

Retail sales are bleak, unless you’re selling pot

Though many retailers saw sales nosedive through the pandemic, marijuana product sales remained steady — and even saw gains...

Retail sales are bleak, unless you’re selling pot
(Credit: iStock)

Coronavirus outbreak delays progress on new pot dispensaries

Illinois’ newly legal recreational marijuana industry had only a couple of months to flourish before the coronavirus outbreak stunted...

Coronavirus outbreak delays progress on new pot dispensaries
Alerman Walter Burnett and Alderman Brian Hopkins (Credit: (Photo by Robin Marchant/Getty Images for car2go)

The tricky thing about aldermanic privilege and marijuana shops

Mayor Lori Lightfoot is attempting to curb aldermanic privilege as cannabis companies jockey for prime real estate, according to...

The tricky thing about aldermanic privilege and marijuana shops
Ald. Walter Burnett (27th Ward)

Proposed pot shop’s proximity to Fulton Market rehab center poses problems

The alderman who calls the shots in Fulton Market wants to snuff out a marijuana company’s plan to open...

Proposed pot shop’s proximity to Fulton Market rehab center poses problems
Booking platform now lists weed-friendly accommodations in Illinois (Credit: iStock)

Airbnb for marijuana tourism launches in Chicagoland

Book ‘em if you got ‘em? A Colorado-based firm that’s like a quasi Airbnb for marijuana tourism has begun...

Airbnb for marijuana tourism launches in Chicagoland
1050 East 95th Street & Alderman Michelle Harris (8th Ward) (Credit: Google Maps, iStock)

South Side weed farm already facing real estate challenges

Two weeks after recreational marijuana became legal in Chicago, officials are pushing back on weed-related real estate. On Tuesday,...

South Side weed farm already facing real estate challenges
Six of the approved recreational pot dispensaries won’t open on Jan. 1 (Credit: iStock)

Smoked out: 6 approved recreational pot dispensaries won’t open on Jan. 1

On New Year’s Day, 28 recreational marijuana dispensaries plan to open across Illinois, but another six that received approval...

Smoked out: 6 approved recreational pot dispensaries won’t open on Jan. 1
Mayor Lori Lightfoot (Credit: Getty Images)

Legal pot to pull in only $3.5M in tax revenue for Chicago in 2020: Lightfoot

Chicago is expected to benefit from only $3.5 million in tax revenues from recreational marijuana next year due to...

Legal pot to pull in only $3.5M in tax revenue for Chicago in 2020: Lightfoot
Cook County assessor hits commercial landlords in Northern suburbs, another beefy downtown office sale: Daily digest

Cook County assessor hits commercial landlords in Northern suburbs, another beefy downtown office sale: Daily digest

Every day, The Real Deal rounds up Chicago’s biggest real estate news, from breaking news and scoops to announcements and deals. We update this...

Cook County assessor hits commercial landlords in Northern suburbs, another beefy downtown office sale: Daily digest
Serial killer’s former Chicago property hits the market, retail is even destroying Wall Street short-sellers: Daily digest

Serial killer’s former Chicago property hits the market, retail is even destroying Wall Street short-sellers: Daily digest

Every day, The Real Deal rounds up Chicago’s biggest real estate news, from breaking news and scoops to announcements and deals. We update this...

Serial killer’s former Chicago property hits the market, retail is even destroying Wall Street short-sellers: Daily digest
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