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Thursday, December 12, 2019

IDFPR: Announces Third Round of "Same-Site" Licenses for Adult Use Cannabis

Business

By Press release submission | Nov 12, 2019

Illinois Department of Financial and Professional Regulation issued the following announcement on Nov. 6.

The Illinois Department of Financial and Professional Regulation has announced three more "Same Site" adult use cannabis licenses, which will allow an existing medical cannabis dispensary to obtain an adult use dispensing license. This license will permit the dispensary to begin adult use cannabis sales at that location starting January 1, 2020, provided the dispensary complies with local zoning rules or other local laws. These recent approvals raise the total number of approved "Same Site" licenses to fourteen. The list of dispensaries approved for adult use cannabis sales can be found here.

In addition to opening adult use dispensaries at the same site of their medical cannabis dispensaries, existing medical cannabis dispensaries are permitted under the law to open a second site for adult use sales at a different location. In the coming months, new applicants, including social equity applicants, will have the opportunity to apply for an additional seventy-five adult use cannabis licenses. Social equity applicants are eligible for additional points on their application and for technical assistance, low-interest loans and fee reductions. More information about applying as a social equity applicant can be found here.

The medical dispensaries who received early approval adult use licenses this week are:

Dispensary 33

5001 N. Clark St.

Chicago, IL 60640

Maribis of Springfield

2272 North Grand Ave. East

Grandview, IL 62702

Maribis of Chicago

4570 S. Archer Ave.

Chicago, IL 60632

The Department anticipates receiving additional applications for early approval adult use licenses as municipalities adopt relevant zoning ordinances regarding adult use cannabis.

Starting January 1, 2020, the law permits Illinois residents who are at least 21 years old to legally possess up to 30 grams of cannabis flower and up to 5 grams of cannabis concentrate. Registered patients in the medical cannabis pilot program may possess more than 30 grams of cannabis if it is grown and secured in their residence under certain conditions.

Original source can be found here.

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Illinois Department of Financial and Professional Regulation

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