Subscribe to Entrepreneur for $5
Subscribe

Cannabiz Countdown: Illinois Legalizes Adult-Use Marijuana (60-Second Video)

Your weekly rundown of the biggest news in the cannabis business.

By

Mushrooms in the mail, edibles at 7-11 and legal weed in Illinois.

Welcome to the Cannabiz Countdown, your weekly rundown of the biggest news in the cannabis business.

  • A Vancouver website is selling psilocybin mushroom capsules by mail, reports Merry Jane. To qualify, you need a documented diagnosis for a condition that qualifies for shroom therapy. There’s evidence they could treat depression, anxiety, alcoholism, drug addiction and PTSD.
  • Imagine walking into your local 7-Eleven and picking up pre-packaged joints or edibles. The National Association of Convenience Stores thinks corner shops should be allowed to sell weed products… if and when the federal prohibition on cannabis ends.
  • Illinois is now the 11th state to legalize adult-use marijuana, with a $2 billion market projected. The legalization measure also contains social equity provisions that could be a national model. Time to book that ticket to Chicago!

Related: 5 Cannabis Stats Every Entrepreneur Should Know (60-Second Video)

That’s it for this week, be sure to check out Green Entrepreneur for all the latest cannabiz news.

Latest

A Drone Just Dropped Free Weed Over Tel Aviv

In a protest to legalize weed in Israel, protestors release bags of cannabis onto the city streets.

Changing How the World Views CBD

The CMO of cbdMD talks about how he uses patience, partnerships and data to grow brand awareness.

WATCH: The Weed Business According To Jim Belushi

The actor opens up about his new TV show Growing Belushi and how cannabis would have saved his brother's life.

There Is A Town In North California Called Weed

And Netflix just named it one of the funniest town names in America.

Watch: DEA Raids Seven Grows In Antelope Valley

In a major crackdown on the illicit market, a multi-agency effort shuts down illegal California grows tied to Mexican drug cartels.

Evolving from Brick and Mortar to Ecommerce

CBD oil company Sunday Scaries's co-founders share the lessons they learned from running a sports bar and how they've applied them to their ecommerce business.

3 Ways To Deal With Face Mask Annoyances

Are you suffering from 'maskne' or glasses fog? These tips may help.

Exclusive Video: Inside Dixie Brands Partnership with Arizona Iced Tea

CEO Chuck Smith shares details of the deal. Plus, how he grew the company from a "garage operation" to a massive multi-state player.

What You Need to Know to Be Successful in the Cannabis Industry

Jessica Abo sits down with the CEO of Weedmaps to discuss the company's journey and how you can be successful in the cannabis industry.

Exclusive: Why Canopy Growth's Ex-CEO Got Canned and What He's Doing Next (Watch)

Bruce Linton talks candidly about his past and his future. Listen very carefully. This man has crazy knowledge.

Discover Entrepreneur Series

Whether you need advice on how to get your business off the ground or you’re just looking for inspiration, our video series have something for everyone. Browse our library below to find a series that speaks to you and your interests.