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Excitement in Illinois as Sales of Medical Marijuana Draw Near

Patients say they will drive long distances to buy their first legal weed. Neighbors worry about loitering and crime. Police plan extra patrols in towns where dispensaries will sell, for the first time, medical marijuana in Illinois. Public sentiments range…

Illinois Panel Adds 4 Pain Conditions to Be Treated by Medical Marijuana

An Illinois advisory board voted Wednesday to add chronic pain syndrome and three other pain conditions to the list of illnesses that can be treated by marijuana in Illinois. The state's Medical Cannabis Advisory Board had expressed frustration last month…

Medical Marijuana Industry in Illinois Launches a Million-Dollar Marketing Campaign

Hoping to jump-start a struggling industry, an Illinois medical marijuana business is launching a $1 million marketing campaign — despite a ban on advertising by growers in the state. Cresco Labs, which plans to open three pot cultivation centers, on…

Illinois Governor Rejects Expansion of State’s Medical Marijuana Program

Gov. Bruce Rauner on Thursday continued his chilly reception of the medical marijuana program he inherited, vetoing a measure that would have allowed patients with post-traumatic stress disorder to qualify for medical marijuana as his administration revealed it would not…

Patients Who Need Medical Marijuana Face Huge Struggles in Illinois

In less than two months, if all falls into place as expected, the first batches of Illinois-grown medical cannabis will be arriving at dispensary shelves in Sauget, Collinsville and dozens of other towns around the state. But tens of thousands…

Illinois Dragging Its Feet on Conditions That Qualify for Medical Marijuana Use

Some who suffer from illnesses such as post-traumatic stress disorder, migraines and irritable bowel syndrome have been eagerly waiting to find out if they’ll be able to use medical marijuana. But the Rauner administration hasn’t yet announced its decision on…

Illinois Governor Tweaks Marijuana Decriminalization Bills

CHICAGO — Illinois Gov. Bruce Rauner used his veto authority Friday to alter a pair of marijuana bills, setting higher fines in a measure decriminalizing small amounts of the drug and scaling back an extension to Illinois’ medical cannabis pilot…

Illinois Close to Approval For 1st Warehouse to Grow Medical Marijuana

Sunlight streaming through a glass roof in a rural warehouse will likely soon be feeding one of Illinois' first legal crops of marijuana seedlings. The company that owns the warehouse, PharmaCann LLC, is preparing for a final inspection from state…

Illinois Marijuana Businesses Worried About lack of Legal Customers

The number of people approved to use medical marijuana in Illinois remains too low to sustain the industry, business owners said. Only about 100 more patients have been cleared in the past month to access medical pot, raising the statewide…

The State of Illinois Has a Big Issue When It Comes to Marijuana Cash

June 22, 2015
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Banking, Finance & Real Estate, Illinois
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CHICAGO — The state of Illinois is having trouble finding a bank or financial services company to process the large amounts of cash it anticipates receiving for taxes and fees from the new medical marijuana industry. The state treasurer’s office…

Federal Banking Rules Pose a Problem for Medical Dispensaries in Illinois

Illinois residents now are free to apply for and receive licenses for medical marijuana prescriptions, and the state already has issued about 2,500 for patients with conditions that could be eased by use of the drug. But how can they…

Illinois Clergy Are a Force in Marijuana Decriminalization Debate

The marijuana decriminalization bill that could soon go to Gov. Bruce Rauner's desk has an array of supporters, including civil libertarians, prosecutors and lawmakers on both sides of the aisle. Its supporters also include clergy. Protestant pastors and Jewish rabbis…

Can Medical Marijuana in Illinois Compete With the Black Market?

When retailers open state-approved medical marijuana shops in Illinois later this year, they will face a distinct disadvantage in luring prospective patients across their thresholds: Marijuana will always be cheaper on the black market. So what incentives might entice those…

Illinois Senate Passes Decriminalization Bill, Sends It to the Governor

A bill to decriminalize small amounts of marijuana passed the Illinois Senate on Thursday and now is headed to Gov. Bruce Rauner’s desk. It’s unclear if the governor, though, will sign it. A spokeswoman would only say, “The governor will…

Illinois Medical Marijuana Industry Pins Hopes on Skeptical Governor

CHICAGO – Advocates of Illinois’ troubled medical marijuana experiment hope to reassure investors by pushing to have lawmakers extend it beyond 2017, when it expires, but the initiative faces an uncertain fate on Gov. Bruce Rauner’s desk. Entrepreneurs and backers…