There are no details filed yet for a bill to legalize recreational adult-use marijuana in Illinois, but that did not stop the state Senate Executive Committee from voting on the measure Wednesday. As it stands now, Senate Bill 7 is what is referred to as a “shell bill,” or... Read more
Legal recreational marijuana in Illinois could drive demand as high as 550,000 pounds a year, far more than the state’s licensed growers can supply, according to a new study commissioned by state legislators. The study, performed by the Colorado consulting firm Freedman & Koski, lends support to those who argue that... Read more
February 22, 2019 by Rob Meagher Leave a Comment Medical marijuana growers in Illinois have formed a political action committee and are spending money in an attempt to limit the market if recreational use of the drug is legalized in the state. CHICAGO (AP) — MEDICAL marijuana growers in... Read more
A Democratic state lawmaker has filed a bill to legalize recreational marijuana in Illinois that likely goes further than other legislators prefer, but it has officially started the debate over complex legislation that will need to serve many interests. The bill, introduced Jan. 25 by Rep. Carol Ammons of Urbana,... Read more
PRESS RELEASE CHICAGO–(BUSINESS WIRE)–Cresco Labs (CSE: CL) (“Cresco” or “the Company”), one of the largest vertically integrated multistate cannabis operators in the United States, announced that the Company’s FloraMedex dispensary launched Illinois’ Opioid Alternative Pilot Program (OAPP) today vastly expanding the population of Illinois patients who can access medical... Read more
Marijuana “bars” would be prohibited, and teenagers caught driving under the influence of marijuana would lose their licenses, a Springfield audience was told Monday night by lawmakers crafting a bill to allow recreational use of cannabis in Illinois. Hearing those details pleased state Sen. Andy Manar, D-Bunker Hill, whose... Read more
The need for a statewide medical-marijuana program won’t go away if the Illinois General Assembly and Gov.-elect J.B. Pritzker approve recreational use of cannabis in 2019, advocates of marijuana legalization say. Those crafting legislation to allow production and sales of recreational marijuana plan to include provisions ensuring that patients... Read more
October marked the last NCIA events of the year with Cannabis Caucus events in eight regions nationwide and an outstanding 2nd Annual California Cannabis Business Conference in Anaheim, California. As this year’s events comes to a close, we have so much to reflect on and exciting new events to... Read more
State Sen. Heather Steans and state Rep. Kelly Cassidy introduced legislation last March to legalize recreational cannabis in Illinois, but the bills failed in both houses of the Legislature. A lot has since changed in Illinois politics, and the Chicago Democrats now plan to give it another try. On Election Day,... Read more
In the past six months, Illinois marijuana companies have gone public in Canada, raised hundreds of millions of dollars to fund expansions and consolidated through a number of deals — one topping $680 million. The state’s medical marijuana companies are moving at a fast and furious pace. They are largely past the days... Read more
