Illinois

Thu
21
Jan

Illinois Collects $62 Million in Cannabis Revenue to Support Neighborhoods

Illinois has reportedly collected a total of $62 million in cannabis tax funds to support impoverished neighborhoods in the state. However, some are getting frustrated because the money has not yet been spent to give back to the community. 

Thu
21
Jan

States Enter the Billion Dollar Cannabis Club For 2020

As states report cannabis sales numbers for 2020, record highs continue across the country. It’s become a billion-dollar business for several states, blowing out levels that states had estimated when originally planning legalization.

Fri
08
Jan

Illinois Expunges Nearly 500,000 Low-Level Cannabis Charges

legal gavel next to cannabis buds

Illinois has been receiving some flack lately, as the state made it seem like expunging charges was a priority after legalization took hold, but so far, has been slow to roll those out. Now, the state is making up for that lost time, having recently expunged nearly 500,000 low-level convictions

Wed
06
Jan

Illinois Judge Rules Against Craft Cannabis Growers Seeking Immediate Licenses

vaping pens on a table

An Illinois judge has ruled against more than three dozen applicants for craft cannabis cultivator licenses who filed suit against the administration of Gov. J.B. Pritzker for a delay in awarding the licenses. The craft grower licenses were supposed to be awarded by July 1 of this year to comply with state law, but state officials have not yet done so, citing delays necessitated by the ongoing coronavirus pandemic.

Tue
05
Jan

Illinois: Nearly 500,000 Cannabis Arrest Records Expunged So Far

Illinois state building

Just over a year after adult use recreational cannabis became legal in Illinois, over 490,000 non-felony cannabis arrest records have been expunged, according to Governor J.B. Pritzker's Office.

The expungements are part of the Cannabis Regulation and Tax Act (CRTA) signed into law in 2019. The law required that arrest records from 2013 to 2019 be expunged by the start of this year and the rest be expunged by 2025. The 492,129 that have already been expunged puts the Illinois State Police four-years ahead of schedule.

While cannabis arrest records have been expunged on the state level, local counties are still working on clearing their arrest records. Counties have until 2025 to wrap up.

Tue
05
Jan

First year of legal marijuana in Illinois generated big bucks but no new minority license holders

roll of money stacked on top of cannabis buds

Cannifem represents much of what state lawmakers hoped for when they legalized marijuana in Illinois.

The startup business was formed by three Black women from areas hardest hit by the war on drugs. Yet the group failed to get any of the three cannabis licenses for which it applied. And the women spent tens of thousands of dollars trying.

Mon
04
Jan

Illinois recreational weed sales on pace to top $1 billion in 2020 with room to grow

marijuana leaf made from a bill

The year 2020 dawned with thousands of people lined up, some overnight, waiting to be among the first to buy legal recreational marijuana in Illinois.

As the long, strange year comes to an end, people are lined up at food banks, to get coronavirus nasal swabs and in some cases, to be among the first to receive a vaccine that may mark the beginning of the end of the COVID-19 pandemic.

And people are still buying weed. Lots of it.

Mon
21
Dec

Giant hemp grower to buy marijuana cultivation license in Illinois

marijuana plants

Red White and Bloom Brands Inc. announced Thursday it has signed a definitive agreement to acquire the outstanding shares of Cannabis Capital Partners Inc., and with it rights to purchase a cannabis cultivation center in downstate Shelbyville, the company stated in a news release.

The 24,000-square-foot grow house to be purchased is run by Shelbyville County Community Services, a not-for-profit mental health group that employs people in rehabilitation.

Red White and Bloom, through its subsidiary Mid-American Growers Inc., operates a 3.6 million-square-foot greenhouse in Granville, just west of Starved Rock State Park.

Wed
16
Dec

Illinois, other states banking on recreational cannabis tax revenue

cannabis plants hung up to dry

In the November election, four more states joined Illinois in allowing recreational marijuana use in hopes of closing budget gaps, but how reliable is the tax revenue?

Policymakers in these states lobbied for legal pot in part to bring in revenue. For example, New Jersey’s governor said the money would help fund education and infrastructure.

A report by The Pew Charitable Trusts said tax revenue from marijuana has proved uncertain in normal times, and economic hardships from the COVID-19 pandemic and consumer behavior shifts will only add to the uncertainty.

“Marijuana revenue is unpredictable, mainly that there is not a lot of historical data to base projections on,” said Adam Levin, spokesman for The Pew Charitable Trusts.

Fri
11
Dec

Illinois, Iowa farmers betting on the future of hemp

marijuana plants

Students at Muscatine Community College had their crop delayed.

It wasn’t rain, but a campus shutdown of one week because of COVID-19 that caused a delay planting their hemp crop. The difference in the weather in that lost week will likely affect the crop’s yield.

“That just teaches the students why timing is so critical, and they’ll know that on the first day of class they’ve got to start everything,” said Shane Mairet, the college's industrial hemp instructor.

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