skip to Main Content
Can Illinois draw marijuana tourists from out of state? Retailers take a gamble on border towns

Recreational marijuana sales are set to begin next year, and some of the potential store locations getting scouted suggest Illinoisans aren’t the only customers cannabis companies hope to attract.

Amid the debate over proposed zoning rules that would ban weed sales in much of Chicago’s downtown, cannabis companies also are eyeing sites far beyond city limits. Illinois border towns say they’re fielding calls from operators in search of sites that would make it easy for customers to cross into their communities to shop, bringing tax dollars with them. None of the neighboring states have legalized recreational marijuana.

One company already has received the go-ahead. South Beloit, Ill., approved plans Tuesday for a store operated by Chicago-based Cresco Labs to open just off Interstate 90, less than a mile from the Wisconsin border.

“It’s the perfect site,” said South Beloit Mayor Ted Rehl. “Location, location, location.”

Illinois’ new marijuana law allows municipalities to ban recreational marijuana sales, and many are grappling with whether the tax revenue from weed sales will outweigh the potential downsides. But with the start of legal sales fast approaching on Jan. 1, there’s an incentive for towns — particularly along the border — to decide quickly. [Read more at The Chicago Tribune]

This Post Has 0 Comments

Leave a Reply

Your email address will not be published. Required fields are marked *

Recent Stories

Japan’s cannabis market growing rapidly amid regulatory shift

Japan’s cannabis market expanded sixfold over four years to ¥24 billion ($154 million) in 2023, a trend that is expected to accelerate with the amendment in December of cannabis laws,…

Ispire Leads with a Focus on Safety and Innovation

Los Angeles-based Ispire Technologies (NASDAQ: ISPR) is a three-year-old company built on the foundation (and reputation) of a global enterprise with many years of experience as an ODM (original design…

Sacramento is ’cannabis capital of California,’ study says. What makes it a top weed city?

Sacramento is one of the best cities in the nation for cannabis fans, according to a new study. Real Estate Witch and Leafly, an online cannabis guide and marketplace, analyzed…

Two years after first legal cannabis sales, New Jerseyans still seek home cultivation

For the last two years, people have been able to stroll into New Jersey dispensaries to buy weed. But growing your own cannabis plant remains a third-degree felony. Despite a growing…

More Categories

Back To Top
×Close search
Search