Category: Illinois
-
Illinois to Open Adult-Use Retail Application Window January 30th
Pritzker Administration Announces Timeline for Next Cannabis Dispensary License Lottery CHICAGO – Following extensive conversations with lawmakers and other stakeholders, the Illinois Department of Financial and Professional Regulation (IDFPR) has announced the timeline for the next round of cannabis dispensary licenses. Applications for the lottery will be accepted starting in January. Those interested in applying…
-
Illinois Applicants Seek Chicago’s Approval for Adult-Use Dispensaries
Illinois applicants that submitted applications are now busy finding real estate in a city that will allow cannabis businesses. Chicago will be the top contender for the possible license holders. Chicago held a lottery for the available licenses on November 15, 2020. Now, four cannabis companies are seeking land-use approval from the city for possible…
-
Apply for an Illinois Dispensary License? You should be doing these things next…
On January 1, 2020, the Illinois Department of Financial and Professional Regulation allowed thirty-seven (37) medical cannabis dispensaries to sell recreational products. During the first five days, adult-use stores sold over $11 million in sales with some stores closing due to product shortages. The state will hand out a total of seventy-five (75) recreational dispensary…
-
Illinois to Release Cannabis Store Apps in 6 Days – Are You Ready?
What can we expect in Illinois? October 2019, Illinois will become the 11th state to begin the licensing process for recreational adult-use marijuana. So, what can we expect from Wave 1 of the licensing process? First, applications will be available October 1, 2019 and due no later than January 1, 2020. Those selected will be…
-
Want to Apply for an Illinois Cannabis Store License? Start With this List of To-Do’s
The Illinois Department of Financial and Professional Regulation announced the recipients of the first adult-use retail licenses last week. The five (5) same site adult-use licensees currently operate medical marijuana dispensary operations in Mundelein, Naperville, Joliet, Canton, and Effingham. The recipients of the same site license will be permitted to open a second location. The…
-
Illinois Municipalities Announce Plans to Allow Adult-Use Cannabis Businesses
Local municipalities in Illinois are moving to adopt ordinances that permit adult-use cannabis businesses. Illinois’ new adult-use cannabis law provides medical marijuana establishments with priority for obtaining an adult-use license, which may begin operating in January 2020. We expect municipalities that currently allow medical marijuana businesses to amend zoning requirements to accommodate adult-use cannabis businesses.…
-
7 Things You Can Do Now to Prepare for Illinois’ Recreational Marijuana Application Process
The Illinois Legislature passed a bill on Friday that legalizes adult-use marijuana businesses. Entrepreneurs who want to start a cannabis business should start preparing now in order to ensure a place in the front of the line. The legislation requires the Department of Agriculture and the Financial and Professional Regulation to begin accepting applications for early…
-
Illinois’ Proposed Recreational Retail Marketplace: 6 Things You Really Should Know
Governor J.B. Pritzker announced the Illinois has reached a deal that will legalize marijuana sales by January 1, 2020. We expect the Illinois Legislature to move quickly and pass the legislation by June. Illinois will hold a public hearing on the bill next Wednesday. Here are the things that you should know about the Illinois…
-
Free Cannabis Legislative Tracker For 20 States: Access THC, Hemp And CBD Bills
Access our free legislative trackers for Arizona, California, Colorado, Connecticut, Florida, Illinois, Kentucky, Massachusetts, Maine, Michigan, Missouri, North Dakota, New Hampshire, New Jersey, New Mexico, New York, Oregon, Tennessee, Utah and Washington. Review and access the cannabis & hemp bills introduced by the State Legislatures in the 2019-2020 session. The trackers include a summary description…
-
Free Cannabis Legislative Tracker For 20 States: Access THC, Hemp And CBD Bills
Access our free legislative trackers for Arizona, California, Colorado, Connecticut, Florida, Illinois, Kentucky, Massachusetts, Maine, Michigan, Missouri, North Dakota, New Hampshire, New Jersey, New Mexico, New York, Oregon, Tennessee, Utah and Washington. Review and access the cannabis & hemp bills introduced by the State Legislatures in the 2019-2020 session. The trackers include a summary description…