Amid a global pandemic that has changed the way we interact and live, the state of Illinois will allow medical marijuana dispensaries to conduct curbside sales for the duration of the month. The new rules were announced this week by the Illinois Department of Financial and Professional Regulation as... Read more
The state hasn’t required them to do so, but a handful of marijuana businesses in Illinois have voluntarily closed up shop in response to the COVID-19 pandemic.  The Illinois Department of Financial and Professional Regulation said this week that it is aware of at least eight adult use recreational... Read more
Illinois recreational marijuana sales totaled $35M in February, a decline from January
You are here: Home / Policy & Legal / Illinois / Illinois recreational marijuana sales totaled $35M in February, a decline from January March 5, 2020 by AggregatedNews Leave a Comment Recreational marijuana customers spent almost $35 million at Illinois dispensaries in February, a decline from the previous month,... Read more
$74.2 million. That is how much Illinois’ nascent recreational marijuana market has brought in during the first two months of operations, a figure that shows steady demand so far.  In January, the first month weed was sold legally for recreational use, the Illinois Department of Financial and Professional Regulation... Read more
Illinois Cannabis Law Needs Revisions to Level Playing Field for Minority Owners
As the market for the recreational use of cannabis develops in Illinois, more work needs to be done to give minorities a fair shot at ownership of dispensaries. Since the Illinois’ Cannabis Regulation and Tax Act went into effect on Jan. 1, no minorities have secured licenses to operate... Read more
Who’s profiting off the millions that Illinois’ marijuana business is bringing in? State officials are keeping that secret.
You are here: Home / Policy & Legal / Illinois / Who’s profiting off the millions that Illinois’ marijuana business is bringing in? State officials are keeping that secret. March 3, 2020 by AggregatedNews Leave a Comment Marijuana entrepreneurs are starting to rake in millions of dollars a month... Read more
Frustrated with shortages, medical marijuana patients begin growing their own at home in Illinois
You are here: Home / Policy & Legal / Illinois / Frustrated with shortages, medical marijuana patients begin growing their own at home in Illinois February 28, 2020 by AggregatedNews Leave a Comment Worried by widespread shortages of products at Illinois cannabis stores, medical marijuana patient David Kurfman took... Read more
We already knew that Illinois’ cannabis industry saw massive sales during its first month in action — $39,247,840.83 worth of product sold, to be exact. But now the state’s Department of Revenue has released its figures on taxes, and it’s official that Illinois is also experiencing a windfall; $7.3 million... Read more
A cannabis dispensary proposed for Chicago’s upscale West Town neighborhood is drawing opposition from officials at a nearby addiction treatment center, who say the store would pose a risk to the facility’s clients. Licensed cannabis company NuMed wants to open the dispensary on the second floor of a building... Read more
State regulators in Illinois announced last week that medical marijuana dispensaries would be permitted to extend their business hours, following complaints that patients are at a disadvantage since legal recreational cannabis sales began this year. The Illinois Department of Financial and Professional Regulation (IDFPR) also issued guidance on prioritizing... Read more
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