State officials announced Thursday the next round of long-delayed and highly sought after cannabis dispensary licenses will be awarded in a lottery later this month.
The 21 qualifying applicants for the 75 new licenses were informed after a global accounting firm finished grading 1,667 applications, according to the Illinois Department of Financial and Professional Regulation.
All those applicants received perfect scores and qualify as social equity candidates, meaning they were afforded a leg up in the application process as part of the state’s efforts to build diversity in an industry dominated by white men.
“We are extremely gratified that every license in this first round will go to a social equity applicant. … Equity has been at the center of this legislation from day one of negotiations, as we worked to create a system that prioritizes social equity applicants and reinvests revenues in communities hit hardest by the war on drugs,” said Toi Hutchinson, Gov. J.B. Pritzker’s key cannabis adviser.
Seventeen of the qualifying applicants have at least one minority owner, while 13 are majority owned by people of color, the IDFPR said. Sixteen have at least one owner who’s a woman. [Read more at Chicago Sun-Times]
Your email address will not be published. Required fields are marked *
Save my name, email, and website in this browser for the next time I comment.
Notify me of follow-up comments by email.
Notify me of new posts by email.
The New Hampshire House Criminal Justice Committee rejected proposals Wednesday that would legalize and tax marijuana, and allow people to cultivate up to six plants per household. The votes mostly fell along party lines, with Republicans opposed and Democrats in favor. “There is a version of recreational cannabis I will support,” Committee Chairman Darryl Abbas,…
Manuel Caban is a lifelong Camden, New Jersey, resident who was arrested twice for marijuana offenses and a decade ago spent 30 days and then a year in prison for dealing. That, he figures, makes him an ideal candidate for a license to sell cannabis now that New Jersey has legalized it with a focus…
Mississippi lawmakers are tweaking a proposal to create a medical marijuana program, but Republican Gov. Tate Reeves has not said when he will call a special session to put it into law. A new version of a bill would allow larger growing facilities, restructure the excise tax on medical marijuana products and limit the state Agriculture…
When Beatriz Porras was studying agronomy at university in Tunja, Colombia, she thought her career would lead to growing coffee, like her parents, or flowers, the traditional agricultural staples for the country’s export market. Back then, growing marijuana was illegal, and security forces targeted plantations with forced eradication campaigns aimed at stemming illicit trafficking. Five…