MJ Biz – Article: Illinois craft cannabis grower bill highlights tension between big companies, minority entrepreneurs

MJ Biz – Article: Illinois craft cannabis grower bill highlights tension between big companies, minority entrepreneurs
CANNANNEW REPORT

Slow legislators, big end of town being deliberately obstructive. All the usual clusterfuckery…. Here the intro by MJ Biz ( well worth taking time to read in full)   Last summer, after a yearlong delay, Illinois awarded 40 craft cannabis cultivation licenses, most of them to minority entrepreneurs. But licensees say the 5,000 square-foot canopy limit is too restrictive. So they support legislation that would nearly triple the canopy size to 14,000 square feet, which they say is needed to attract investors and make their enterprises economically viable. Most big marijuana companies oppose the bill as is. Executives representing those companies insist they support the inclusion of minority entrepreneurs. Instead, these executives argue, they want to ensure the winners of the more valuable 14,000-square-foot-licenses don’t turn around and sell them to other companies, including out-of-state businesses. Read more  https://mjbizdaily.com/illinois-craft-cannabis-grower-bill-highlights-tension-between-big-companies-minority-entrepreneurs/?utm_medium=email&utm_source=newsletter&utm_campaign=MJD_20220308_NEWS_Daily

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Source : MJ Biz – Article: Illinois craft cannabis grower bill highlights tension between big companies, minority entrepreneurs

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