Jurisdiction: Illinois

Let’s Go; It’s Time for Illinois to Issue Cannabis Licenses

The dates are getting further into the rear view mirror. The Illinois Cannabis Regulation and Tax Act became law on June 25, 2019. Adult-use sales of cannabis began on January 1, 2020. Thousands of entrepreneurs, many of them qualified social equity applicants, submitted applications for new dispensary licenses on or before January 2, 2020.

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Illinois Deficiency Notices: What Dispensary Applicants Can Expect

The Illinois Department of Financial and Professional Regulations (IDFPR) is expected to issue its “supplemental” deficiency notices for dispensary license applicants “soon,” with soon being a relative term given this supplemental deficiency notice round was announced in early fall of 2020. Nevertheless, because the Illinois Department of Agriculture (IDOA) recently issued deficiency notices to craft grower, infuser, and transporter applicants, we think the IDFPR notices may be on the horizon. In preparation, we would like to share some observations from the IDOA notice round.

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Illinois Voters Look to Bring Cannabis to Town

As we wrote about here, cannabis had a banner night across the country on Tuesday as five states passed ballot initiatives legalizing cannabis in some fashion. Additionally in Illinois, a state that legalized recreational cannabis through legislation, voters signaled their approval of legalized cannabis in a different way. While the election results are not yet final, voters in Batavia, Elk Grove, Glen Ellyn, Mount Prospect, Park Ridge, and Wilmette appear poised to approve the sale of recreational marijuana within those cities.

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Update: Vermont Officially Legalizes Recreational Marijuana Sales

Yesterday, Vermont became the 11th state to legalize recreational marijuana sales and the second to do so via legislation (Illinois was the first in 2019). The State House of Representatives and State Senate previously approved a compromise bill legalizing marijuana sales and establishing a framework to regulate it, as we wrote about here.

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Revamped High Times Cannabis Cup Sparks Great Interest and Long Lines in Illinois

Tuesday marked not only the start of Illinois’s inaugural High Times Cannabis Cup, but also a completely new iteration of the venerable event. For the first time ever, the general public will be judging the entries and deciding the winners, prompting eager marijuana enthusiasts to line up literally around the block to buy “judge kits.”

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IDFPR Tiebreaking Rules Are Finalized, Paving the Way to Issue Dispensary Licenses in Illinois

Good news for those awaiting the issuance of cannabis dispensary licenses by the Illinois Department of Financial and Professional Regulation (IDFPR): the department’s tiebreaking rules are now finalized, which clears what seems to be the last remaining hurdle before issuance. As we discussed previously, the IDFPR’s emergency rules for breaking ties on applicant scoring expired before the department was able to issue licenses. Without a tiebreaking mechanism in place, the IDFPR has not issued any of the 75 new dispensary licenses.

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