Illinois’ already-delayed marijuana expansion is on pause, but many of the entrepreneurs trying to be part of the industry are hoping that good things will come to those who wait.
Due to the coronavirus pandemic, Illinois is already months behind in awarding licenses to new marijuana dispensaries. But now, legislators want to further delay the process.
Twenty-one finalists are now vying for the highly coveted licenses that will add 75 new cannabis dispensaries throughout the state, which will hold a lottery sometime this month to make it final.
A new set of 75 dispensary licenses, judged in part on social equity factors, was to have been awarded by May 1, but has been indefinitely delayed due to the coronavirus.
For businesses, 4/20 is usually their once-a-year Black Friday, when sales soar. Instead, they are reporting up-and-down buying and pondering an uncertain future.
A little more than a month after Illinois legalized marijuana, questions remain about whether the program is as equitable as promised. The popularity of pot is also affecting medical users.
CBD pet products claim to treat pain, anxiety and even seizures, but do they work? And are they even safe? The chief veterinary officer of the American Veterinary Medical Association weighs in.
Marijuana may produce pleasurable affects in people, but for pets, the mind-altering substance can be dangerous and even lethal, according to the American Veterinary Medical Association. “We don’t want people to think it’s benign or harmless,” said Michael San Filippo of the AVMA.
Come summer, people buying cannabis in Chicago will pay 6% in local pot taxes, in addition to the state tax on pot, which ranges from 10% to 25%, depending on the potency of the product being purchased.
One year ago, Illinois got a new leader when J.B. Pritzker was sworn in as the state’s 43rd governor. Pritzker reflects on his first year in office and looks ahead to what’s next.
Sales statewide slid from more than $2 million in the opening days to about $1.2 million as dispensaries struggled to keep shelves full.
What’s it like to work in the marijuana industry? How do you start and grow a cannabis business? The city is gathering experts, advocates and others to answer these questions and more at a free event next month.
A deadly outbreak of vaping illnesses has been linked to black market products containing THC. But similar products are now sold legally at cannabis dispensaries across Illinois. Are they safe?
If the lines winding past cannabis dispensaries haven’t yet provided proof, numbers released by state officials Monday illustrate the demand for recreational marijuana. What to expect as a longtime underground market goes above board.