Illinois

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Mon
30
Mar

State extends pot business application deadline amid COVID-19 pandemic

State officials have once again extended the deadline for applications for certain recreational cannabis business licenses amid the ongoing COVID-19 pandemic.

Gov. J.B. Pritzker signed an executive order Saturday extending the deadline to submit applications for cannabis infuser, craft grower and transporter licenses from March 30 to April 30, according to a statement from the Illinois Department of Agriculture. All applications must be submitted by certified mail.

Fri
27
Mar

Chicago: How recreational weed went from illegal to essential in 3 months

Throngs of high-minded shoppers started flooding pot dispensaries when sales of recreational weed kicked off in Illinois at the start of the year.

Less than three months later, that type of mass clamoring is strictly forbidden as social distancing measures have been put in place to quell the spread of the novel coronavirus. In the uncertain age of COVID-19, when news and information travels almost as fast as the virus itself, Jan. 1 likely seems like a lifetime ago to many cannabis users.

Thu
19
Mar

Some Illinois Pot Shops Closing Up Voluntarily During Coronavirus Pandemic

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 marijuana businesses across the state that have suspended sales, a decision made of their own volition. Other businesses, meanwhile, have imposed patient-only hours, according to the agency.

One such business, Dispensary 33 in Chicago, said that it would only serve medical cannabis patients for the time being.

Wed
18
Mar

Illinois allowing curbside medical marijuana sales until March 30

Illinois is allowing cannabis dispensaries to sell to medical cannabis to patients and OAPP participants outside a limited access area until March 30, provided they follow certain guidelines.

The Illinois Department of Financial and Professional Regulation this week offered guidance for cannabis dispensaries to continue business during the COVID-19 pandemic.

Wed
11
Mar

The Marijuana Industry Already Employs A Quarter Million Workers

The marijuana industry supported 240,000 jobs nationwide as 2020 began, according to a Leafly study that focuses on the cannabis job market. That’s 15 percent more marijuana-related jobs than at the beginning of 2019.

That percentage translates into 33,700 new jobs in 2019, with Massachusetts, Illinois, and Oklahoma leading the way on cannabis industry job growth.

Fri
06
Mar

Illinois’ Recreational Weed Sales Near $75 Million In First Two Months

$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. 

Thu
05
Mar

Illinois' recreational marijuana sales drop slightly to $34M in February

Demand for recreational marijuana dropped slightly in its second month of legalization in Illinois.

More than $34 million worth of product was sold in the state over February's 29 days, the Illinois Department of Financial and Professional Regulation announced Wednesday.

Sales to out-of-state customers accounted for less than a third of the revenue.

In 31 days in January, the state saw more than $39 million worth of product sold.

The figures don't include taxes collected.

Fri
28
Feb

Illinois: Frustrated with shortages, medical marijuana patients begin growing their own at home

Worried by widespread shortages of products at Illinois cannabis stores, medical marijuana patient David Kurfman took matters into his own hands. He started growing his own.

Having suffered from epilepsy most of his life, Kurfman uses medical cannabis to control his seizures without debilitating prescription drugs. But like many medical patients, Kurfman can’t take just any cannabis. He says he needs oils containing CBD, the cannabis component that prevents seizures, in a 2-to-1 ratio with THC, the part that gets users high.

Wed
26
Feb

Illinois Nets Nearly $10 Million in Tax Revenue From First Month of Adult-Use Pot Sales

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 in tax revenue from January cannabis sales alone. 

Fri
21
Feb

Retailers Have A Lot To Learn From Illinois’ Dispensaries And $40B In Cannabis Sales

Nearly two months into legal recreational cannabis sales in Illinois, there is a lot retailers can learn from dispensaries here, including how to leverage technology to manage demand and ease pain points for customers.

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