Illinois Archives - Page 9 of 15 - Cannabis Business Executive - Cannabis and Marijuana industry news

Growing recreational pot at home might not be allowed after all under Illinois legalization proposal, sponsors say

Just more than a week after introducing a bill to legalize recreational marijuana in Illinois, sponsors have begun retooling the measure to appease critics. In one of the most fundamental changes, sponsors say it is likely they will eliminate a provision…

Pritzker, Dems introduce bill to legalize marijuana statewide

Gov. J.B. Pritzker Saturday announced the full details of the much-anticipated bill that would lift the statewide prohibition on marijuana and allow Illinois pot shops to start selling the drug legally by the start of the new year. The 300-page…

Target date to legally buy marijuana in Illinois is Jan. 1, but details of bill still hazy

Details of a bill to legalize adult recreational marijuana were not released in the General Assembly this past week despite earlier assurances, but one of the initiative’s primary sponsors said they will be forthcoming “very soon.” Chicago Democratic Rep. Kelly…

Illinois marijuana legalization proposal advances without public details

There are no details filed yet for a bill to legalize recreational adult-use marijuana in Illinois, but that did not stop the state Senate Executive Committee from voting on the measure Wednesday. As it stands now, Senate Bill 7 is…

Demand for legal marijuana in Illinois would far exceed licensed growers’ ability to supply it, study shows

Legal recreational marijuana in Illinois could drive demand as high as 550,000 pounds a year, far more than the state’s licensed growers can supply, according to a new study commissioned by state legislators. The study, performed by the Colorado consulting firm Freedman…

Illinois Medical Cannabis Growers Lobby on License Issue

Medical marijuana growers in Illinois have formed a political action committee and are spending money in an attempt to limit the market if recreational use of the drug is legalized in the state. CHICAGO (AP) — MEDICAL marijuana growers in…

First bill emerges this year to legalize marijuana in Illinois — would allow up to 24 plants at home

February 9, 2019
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A Democratic state lawmaker has filed a bill to legalize recreational marijuana in Illinois that likely goes further than other legislators prefer, but it has officially started the debate over complex legislation that will need to serve many interests. The bill,…

Cresco Labs’ Dispensary Launches Newly Enacted Illinois Opioid Alternative Pilot Program

PRESS RELEASE CHICAGO--(BUSINESS WIRE)--Cresco Labs (CSE: CL) (“Cresco” or “the Company”), one of the largest vertically integrated multistate cannabis operators in the United States, announced that the Company’s FloraMedex dispensary launched Illinois’ Opioid Alternative Pilot Program (OAPP) today vastly expanding…

Illinois state legislators lay out plans for recreational marijuana proposal

January 29, 2019
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Marijuana “bars” would be prohibited, and teenagers caught driving under the influence of marijuana would lose their licenses, a Springfield audience was told Monday night by lawmakers crafting a bill to allow recreational use of cannabis in Illinois. Hearing those…

How would recreational pot affect Illinois’ medical marijuana?

December 31, 2018
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The need for a statewide medical-marijuana program won’t go away if the Illinois General Assembly and Gov.-elect J.B. Pritzker approve recreational use of cannabis in 2019, advocates of marijuana legalization say. Those crafting legislation to allow production and sales of…

Cresco Labs Co-founder and CEO Charlie Bachtell Appointed to Cannabis Legalization Subcommittee of Illinois Govenor-Elect JB Priitzker’s Transition Team

December 12, 2018
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PRESS RELEASE Cannabis Legalization One of Four Subcommittees Under the Restorative Justice and Safe Communities Transition Committee CHICAGO--December 12, 2018--Cresco Labs (CSE: CL) (“Cresco” or “the Company”), one of the largest vertically integrated multistate cannabis operators in the United States,…

With Pritzker and Madigan on board, Illinois Dems push again for marijuana legalization

November 19, 2018
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State Sen. Heather Steans and state Rep. Kelly Cassidy introduced legislation last March to legalize recreational cannabis in Illinois, but the bills failed in both houses of the Legislature. A lot has since changed in Illinois politics, and the Chicago Democrats now…

Illinois just elected a cannabis-friendly governor and Chicago pot companies are on the move

November 9, 2018
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In the past six months, Illinois marijuana companies have gone public in Canada, raised hundreds of millions of dollars to fund expansions and consolidated through a number of deals — one topping $680 million. The state’s medical marijuana companies are moving at a fast…

Candidates for Illinois governor are split over marijuana legalization despite popular support

October 25, 2018
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In supporting marijuana legalization, Illinois gubernatorial challenger J.B. Pritzker could usher in a change that affects everything from criminal justice to public health to the economy if he’s elected. In coming out against recreational use of cannabis, incumbent Gov. Bruce…

Can marijuana really replace prescription opioids for pain? Some get relief but ‘it’s not a home run.’

September 1, 2018
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Marijuana advocates were overjoyed this week when Illinois Gov. Bruce Rauner legalized medical cannabis as a substitute for prescription painkillers. The Marijuana Policy Project called it a “big win” for patients, and officials say it will greatly expand the number…