COVID-19 Pandemic Delays Awarding Of 75 New Marijuana Dispensary Licenses In IllinoisWith Illinois still apparently not yet at the peak of the COVID-19 outbreak, new businesses hoping to get in on the next round of the legal marijuana industry will have to wait a bit longer to find out if they can get state licenses.
4/20 Fizzle: Legal Marijuana Industry Tested As COVID-19 Slams EconomyThe unofficial holiday celebrating all things cannabis arrives Monday as the nation’s emerging legal marijuana market braces for an economic blow from the coronavirus crisis, with many consumers reducing spending or going underground for deals.
Legal Marijuana Sales In Illinois Total Nearly $35 Million For FebruaryStatewide legal marijuana sales in Illinois totaled nearly $35 million in the month of February, according to the state.
Legal Marijuana Sales Created $10.5 Million In Illinois Tax Revenue In JanuaryThose numbers put Illinois on pace to surpass the $28 million Gov. JB Pritzker's office estimated the state would collect in cannabis taxes by the end of the current fiscal year on June 30.
Two More 'Same Site' Dispensaries Approved For Chicago SuburbsThe two dispensaries added to the list are Mindful Dispensary in Addison and Nature's Care Company located in Rolling Meadows.
City Announces 'Cannabis Resource Fair' On Saturday To Help Chicagoans Navigate Legal Weed IndustryThe city will host a “Cannabis Resource Fair” on Saturday to help people find jobs and business opportunities in the burgeoning recreational marijuana industry, and learn about their rights under the new state law.
Cook County Board Approves 3% Tax On Recreational Marijuana; Highest Rate In Chicago To Exceed 40% In Chicago By SummerThe new tax will go into effect on July 1, when the state’s recreational marijuana law allows local governments to begin collecting taxes on legal pot sales.
Vote Delayed On Mayor's Proposal To Allow Marijuana Use In Tobacco ShopsA License Committee and full City Council vote has been delayed on Mayor Lori Lightfoot’s proposal to allow on-site consumption of marijuana at licensed cigar bars, hookah lounges, and other tobacco shops.
Bid To Allow Marijuana Use At Tobacco Shops Stalls In City Council Committee, But Vote Could Come Next WeekMayor Lori Lightfoot's plan to allow for on-site consumption of marijuana at licensed cigar bars, hookah lounges, and other tobacco shops hit a speed bump on Wednesday, as the City Council License Committee delayed a vote on the plan until at least early next week.
Revenues Amount To Nearly $11 Million For First 5 Days Of Legal Recreational Marijuana In IllinoisTotal sales for the first five days of legal recreational marijuana in Illinois have amounted to nearly $11 million.
Some Illinois Dispensaries Have Run Out Of Recreational MarijuanaThe initial demand for recreational marijuana has been so strong that several dispensaries have sold out of the product – less than a week into it being legal in Illinois.