Illinois No Different From Any Other State On Launch Of Regulated Cannabis

We enjoy watching each state launch their regulated cannabis program and then remember back fondly to the days of CO, WA, CA etc launching. It’s almost as though we could repeat the same stories in the same order.. We are now at stage 2 STAGE 1:  Queues around the block.. dispensaries make lots of money and politicians salivate at tax revenues STAGE 2: Stock Shortages … hoarding, price rises Who can guess STAGE 3  ?   MRR reports… Illinois regulators say they are investigating apparent violations of a rule intended to prevent marijuana shops statewide from stockpiling weed from a single cultivator while also reminding retailers that they are required by law to keep enough product on hand for medical patients. Just over a week after the state’s recreational pot sales kicked off on Jan. 1, the Illinois Department of Financial and Professional Regulation sent a letter to dispensaries on Friday saying they were aware of violations and probing whether stores were illegally sourcing more than 40% of their product from one grower. The law is aimed at preventing pot growers from entering into exclusive agreements with specific shops and making sure all stores have a diversity of products from various sources. The warning…

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Source : CANNANNEW REPORT
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