WICKER PARK — A cannabis dispensary owned by two sisters and the former owners of Chicago’s first pot shop is one step closer to opening at a prominent location in Wicker Park.
The City Council’s Committee on Zoning approved a zoning change at 1212 N. Ashland Ave., former home to a bank and adjacent to the Division Blue Line Station. The full City Council is expected to vote on the change Wednesday.
Fifty-one percent of the business is owned by sisters Loretta and Priscilla Foster, Black women who have been awarded a social equity cannabis dispensary license by the state. They are partnering with the former owners of Chicago-based cannabis company Dispensary 33.
The former owners of Dispensary 33 — Paul Lee, Gene Moreno and brothers Bryan and Zach Zises — sold their two dispensaries in Andersonville and the West Loop to Florida-based cannabis company Ayr Wellness last year.
The team is using cash from the sale to partner with social equity applicants and open pot shops in Chicago, including the Wicker Park shop, Bryan Zises said at the time.
Groups are awarded social equity status on their dispensary applications if their majority ownership hailed from areas disproportionately impacted by the drug war or