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2018年12月20日 星期四

CBD products booming | Chicago gentrification fears rising | Medical pot firm Cresco growing

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Chicago Tribune

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December 20, 2018

chicagotribune.com

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CBD caramels, bath bombs, oils. Here's why cannabis-infused items are so trendy.

Thursday, Dec 20

CBD, the cannabis compound that doesn't get users high, is exploding. The U.S. market for CBD products grew by more than 80 percent in 2018. It's not mainstream yet, but it's getting there, and Chicago businesses are responding.

Rising housing prices in distressed neighborhoods foster new worries about gentrification

Some parts of Chicago that historically have seen disinvestment are experiencing a significant uptick in housing prices, as a strong economy attracts investors.

Medical marijuana company Cresco Labs buys dispensaries in Wrigleyville, Rockford

Weeks after going public in Canada, Chicago-based Cresco signed a deal to acquire two dispensaries, one each in Rockford and the Lakeview neighborhood.

Walgreens to cut at least $1 billion in costs within three years, plans store, warehouse closings

Deerfield-based Walgreens said it has retained Accenture to help it review its cost structure and plans to adopt zero-based budgeting.

City opens part of Navy Pier Flyover and the 41st Street bridge

Mayor Rahm Emanuel on Thursday morning opened part of the long-awaited Navy Pier Flyover, and later plans to open the 41st Street pedestrian bridge, creating new ways to get around the lakefront.

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