No End in Sight? Illinois Craft Grow Applicants Wait in Limbo as Litigation Drags On


<![CDATA[Applicants for Illinois’ new craft grow licenses are spending hundreds of thousands of dollars in rent payments and losing contracts with experts they had lined up to help run their businesses as they wait for the state to tell them what they all want to know—whether they are among the 60 who will ultimately be awarded a license.That is according to a brief filed by Irina Dashevsky and Ryan Holz, partners in Greenspoon Marder’s Cannabis Law Practice who are working on a case that has landed in the Illinois Supreme Court.The case is one of several pieces of litigation pending in the state as officials slog through their licensing process to issue new adult-use cannabis dispensary and craft grow licenses to social equity applicants.Illinois awarded 32 craft grow licenses last summer and was required by law to issue 60 additional craft grow licenses by Dec. 21, 2021, Dashevsky told Cannabis Business Times.When they announced the initial 32 license winners, state officials said they would issue the next 60 licenses to members of the same applicant pool, Dashevsky added, which was not required under Illinois’ adult-use cannabis law.“I think, in large part, that was due to the fact that everything was so delayed,” she said. “There really wasn’t a need or a point to create an entirely new, separate application process. There wasn’t time to do that or manage that or expand resources on it. And they had a strong applicant pool, so that’s what they put forth.”Relying on that update from the state, Dashevsky said 1837 Craft Grow LLC, one of the craft grow applicants that was not awarded one of the initial 32 licenses, reorganized its business to maintain real estate and wait until the next 60 licenses were awarded by Dec. 21.“That meant paying for an option to…

Excerpt only …
Source : No End in Sight? Illinois Craft Grow Applicants Wait in Limbo as Litigation Drags On

reposted by Cannabis News World

This site uses Akismet to reduce spam. Learn how your comment data is processed.