Illinois

Mon
02
Aug

Lottery, Licenses, Proceedings: Gaining Fairness in the Cannabis Industry | Chicago News

marijuana buds

When recreational marijuana was legalized in Illinois over a year ago, Governor JB Pritzkar’s goal was given primarily to black and brown people during the war on drugs, taking advantage of the fast-growing cannabis industry. It was to reverse the harm.

However, almost all whites benefit from cannabis sales in Illinois, and Pritzker wanted to solve the problem by granting a social fair dispensing license. That effort has been hampered by proceedings and criticisms of the scoring process.

Pritzker wanted to address some of these issues with House Building 1443, which signed the bill this week. But Deborah Dillon, a cannabis educator at Chicago State University, says the law raises new challenges.

Fri
30
Jul

Chicago weed shops stock up for Lollapalooza: ‘Cannabis and music festivals go as far back as Woodstock’

marijuana buds

Marijuana has long been an illicit yet integral part of the annual Lollapalooza music festival in Chicago. This year, it’s legal for the first time in the event’s 30-year history, and potentially big business.

The four-day event began Thursday in Grant Park, and nearby Chicago cannabis dispensaries are stocking up and staffing up for what they hope will be a major sales boost.

Wed
28
Jul

First Marijuana Consumption Lounge in Illinois Opens

Marijuana smokers in Southern Illinois can now legally light up in a new consumption lounge. The Luna Lounge, in Sesser, Illinois, about 5 hours south of Chicago, was specifically built for marijuana smokers.

Mon
12
Jul

Cannabis Sales Are Booming In Illinois

In May, cannabis sales in the state hit $116 million, which is $1.5 million higher than in April.

One might wonder if lawmakers in Illinois had any idea just how much recreational cannabis sales would bring into the state’s coffers when, less than two years ago, they decided to legalize it. They probably had some idea, seeing that the state ended the previous fiscal year with more than $317 million in cannabis taxes, according to 23 WIFR.

Fri
09
Jul

Illinois weed sales remain strong at near-record $116 million in June

Recreational marijuana sales remain strong in Illinois, with a near-record $115.6 million in sales for June.

The totals, reported Thursday by the Illinois Department of Financial and Professional Regulation, are down slightly from the record $116.4 million worth of recreational cannabis products sold at dispensaries statewide in May. But Illinois remains on a prodigious pace in its second year of legal recreational weed sales.

Fri
09
Jul

Illinois is about to get its first marijuana lounge — and it's not in Chicago or the suburbs

For the first time in Illinois, cannabis smokers will be able to legally light up in public Saturday in a lounge specifically built for that purpose.

There have been discussions in Chicago and elsewhere in the state about opening consumption spaces, but the first will be in the tiny downstate city of Sesser, in a remodeled former bank.

Wed
07
Jul

Illinois rakes in $369.7 million in cannabis taxes

The state of Illinois finished the previous fiscal year with more than $317 million in cannabis taxes. That far eclipsed the $52.7 million the state collected for the previous year with just six months worth of sales.

Illinois legalized adult-use cannabis with the first legal sales beginning in January 2020. The state has reported continued growth in total sales month after month since then, despite the COVID-19 pandemic and the governor’s orders closing most in-person business for more than two months in the spring of 2020.

The Illinois Department of Financial and Professional Regulation reports total sales for May 2021 were nearly $116.4 million. That’s nearly $1.5 million more than was sold in April.

Tue
29
Jun

Illinois allows medical cannabis patients to buy from any dispensary after computer glitch disrupts service

Responding to a software snafu that kept some patients from buying medical cannabis, the state of Illinois alerted dispensaries Monday to sell to any registered patient, rather than following the legal limit of one dispensary per patient.

Wed
16
Jun

States Move To Ban Delta-8 THC

An increasing number of states are banning Delta-8 THC as federal regulators verify its legality.

Delta-8 THC has become very popular, prompting more jurisdictions to restrict access to the commodity, which is often generated from hemp extracts.

Varying Responses

To limit market access, outright restrictions are being implemented and measures to prohibit the products are being considered.

According to U.S. Hemp Authority President Marielle Weintraub, states will continue to restrict Delta-8 THC and other products like it because the cannabinoid is classified as a restricted narcotic under federal law.

Wed
09
Jun

Taxing Marijuana: Which Recreational States Levy The Highest Taxes?

American attitudes towards the legalization of marijuana have shifted in the last few years. In 2019, 66% of Americans say the use of marijuana should be legal, which represents a stark difference from the 33% of Americans who supported the measure in 2009.

As a result, a growing number of states have legalized recreational marijuana. Nine states are currently selling marijuana recreationally and several other states have legalized marijuana but are still setting up the retail and tax structure. 

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