Illinois Marijuana Equity Licensing Bill Heads To Governor’s Desk

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“The goal here is to create a diverse cannabis industry with increased opportunities for social equity applicants.” By Raymon Troncoso, Capitol News Illinois The Illinois Senate passed a bill Friday creating new licenses and lotteries for marijuana dispensary licenses, addressing issues that have plagued the process set forth by a 2019 law legalizing recreational marijuana. House Bill 1443 would create two new marijuana dispensary lotteries offering 55 licenses each, as well as clearing up ongoing disputes over the fate of 75 marijuana dispensary licenses that have been held up for over a year. The House previously passed House Bill 1443 on Tuesday. In a written statement Friday, Gov. JB Pritzker (D) said he looks forward to signing the bill “so that we can begin the next phase creating a cannabis industry that reflects the diversity of all of our people.” Equity is at the core of cannabis legalization in Illinois, and this essential legislation will accelerate our collective vision to make sure that the communities harmed the most by the war on drugs can participate in this industry as it grows. My full statement: pic.twitter.com/EdXnRsZs5T — Governor JB Pritzker (@GovPritzker) May 28, 2021 The 2019 Cannabis Regulation and Tax Act required that the original 75 licenses created by the legislation be awarded by May 2020. “The goal here is to create a diverse cannabis industry with increased opportunities for social equity applicants,” Sen. Kimberly Lightford, D-Maywood, the bill’s Senate sponsor, said during floor debate. “There was a war on drugs that we all know so well, especially those of us in the Black community, there was provisions in the (CRTA) that address that but we wanted to make sure that there was also ownership.” After just 21 of more than 900 applicants were deemed eligible to participate in a lottery…

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Source : Illinois Marijuana Equity Licensing Bill Heads To Governor’s Desk

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