#Moca ascend free#

“It hits a point where any asset potentially deteriorates in value as the next round of licenses gets awarded,” Caltabiano said. But Illinois is poised to award 75 new dispensary licenses next month. Ascend Logan Square offers a wide selection of high-quality cannabis products, a digital ordering experience, and knowledgeable budtenders in a safe environment to help you with all your cannabis needs: We feature a wide selection of the highest quality flower, vapes, concentrates, edibles and topicals, including its exclusive Ozone line of products. Statewide sales hit $61 million in July, up 28 percent from the previous month, the biggest increase so far. The MOCA deal also reflects the risk and reward of the Illinois market, where recreational marijuana became legal Jan. Kurtin said, “We want to get to 10 stores in Illinois.” Large operators such as Cresco and Green Thumb Industries already have the maximum number of licenses.Īscend plans additional stores in Springfield and Fairview Heights downstate. MOCA has been a leading player in the Chicago market, and we are excited to pair it with our Illinois Supply & Provisions (IS&P) dispensaries. MOCAs original location, opened for medical cannabis in 2016 as one of Chicago’s first legal dispensaries and have helped countless patients get the care and medicine they need. That’s the maximum number of dispensaries that can be owned by one company. Ascend by MOCA Logan Square is a medical and adult-use dispensary in Chicago, IL. “For us we’ve wanted to make sure we’re moving forward with what puts us in the best position: joining up with an Illinois cultivator that didn’t already have 10 licenses.” “It’s a good fit for us,” Danny Marks said of Ascend. Outside Illinois, the company operates in Michigan, Ohio, Massachusetts and New Jersey. It also owns a cultivation facility in downstate Barry.

Louis, is the top-grossing dispensary in the state. It’s hard to achieve operational scale if you own two or three or four dispensaries.”Īscend says its Collinsville store, across the border from St. “MOCA did a very good job for a small operator,” said Joe Caltabiano, co-founder of Cresco Labs, a Chicago-based multistage operator, who stepped down as president in March. “Ascend saw the opportunity to have two stores in A-plus locations. The cannabis industry is a mix of large players that operate in multiple states and smaller independents. Ascend recently raised $41 million from investors. Two big acquisitions of Chicago-based companies, PharmaCann and Verano Holdings, were called off, and many marijuana companies sold facilities and leased them back. The deal is a sign that capital is loosening up again in the weed industry after seizing up over the past two years. It’s unique.”ĭanny Marks, who co-founded MOCA with his brother, Doug, said they will join Ascend, along with the company’s 75 employees. “We appreciate the personality and local history and patients of MOCA. We wanted to expand to Cook County,” said Abner Kurtin, founder of Ascend, whose downstate dispensaries operate under the Illinois Supply & Provisions name. Please register for the event.“All of our stores are in southern Illinois.

#Moca ascend free#

Thanks for the sponsorships from Grant Thornton and KPMG, this event is made free for members (explore membership options here), and $15 for non-members (Families attend free).

Networking opportunity in facilitated break-out room discussions, on Lunar New Year cultural customs and celebrations among different ethnic groups around the globe.Recap of 2020 – highlighting ASCEND community services fighting COVID and social prejudice, elevating the voices and statue of Asian American professionals.The Museum of Chinese in America (MOCA), led by its President Nancy Yao Maasbach, will live-stream a virtual tour of the museum, highlight Asian immigrants’ stories in the making of America, and explore what their pursuit of the 'American Dream' says about the meaning of work and the measure of a person.We have an exciting line of events planned:

Lunar New Year 2021 ushers in a new beginning with the Year of Ox! ASCEND invites you and your family to join a celebration with us on 17th of February 2021, 4 – 5:30 pm Eastern.