You are here: Home / Policy & Legal / Illinois / Illinois marijuana license finalists file lawsuit over second-chance applications October 6, 2020 by... Illinois marijuana license finalists file lawsuit over second-chance applications
Workplace Policies Medical Marijuana In Illinois

Investors who won a chance for a license to sell recreational marijuana in Illinois have filed a lawsuit asserting it’s illegal to give other applicants a second chance.

The legal action sets up a potential court battle over when to hold a lottery to award 75 new retail licenses.

Three finalists filed a petition asking the Illinois Supreme Court to order that the licenses be awarded without recent changes to the application process they say were made because of “political expediency.”

Last month, Gov. J.B. Pritzker announced new procedures that would allow applicants to correct any deficiencies in their applications and get rescored for a second chance at qualifying for the license lottery.

The lawsuit was filed Monday, as the Tribune first reported, by SB IL, Vertical Management and GRI Holdings IL, all limited liability corporations that received perfect scores on their applications.

They were among 21 businesses that qualified in September for the license lottery. They are suing Pritzker and officials from the Illinois Department of Financial and Professional Regulation, which oversees the licensing of cannabis dispensaries. [Read more at Chicago Tribune]

MJ Shareholders avatar

MJ Shareholders

MJShareholders.com is the largest dedicated financial network and leading corporate communications firm serving the legal cannabis industry. Our network aims to connect public marijuana companies with these focused cannabis audiences across the US and Canada that are critical for growth: Short and long term cannabis investors Active funding sources Mainstream media Business leaders Cannabis consumers

No comments so far.

Be first to leave comment below.

( ) ( ) ( ) ( ) ( ) ( ) ( ) ( )