Pritzker Administration Issues Second Wave of Conditional Adult Use Cannabis Dispensary Licenses – myradiolink.com

For Immediate Release

Pritzker Administration Issues Second Wave of Conditional Adult Use Cannabis Dispensary Licenses

CHICAGO — Governor JB Pritzker and the Illinois Department of Financial and Professional Regulation (IDFPR) today issued 28 additional Conditional Adult Use Dispensing Organization Licenses to applicants selected in three lotteries for 185 licenses. These awardees join the 149 conditional licenses issued by the Department on July 22, bringing the total number of issued licenses to 177. The Department’s Adult Use Cannabis webpage has been updated to include today’s awardees.

Of the businesses selected for licenses, 41% are majority Black-owned, 7% are majority White-owned, and 4% are majority Latino-owned, while 38% of awardees did not disclose the race of their owners. All businesses qualify as Social Equity Applicants under the Cannabis Regulation and Tax Act.

“These 177 licenses represent 177 individual but powerful steps toward addressing the decades of injustice preceding cannabis legalization, and I’m proud to help foster an industry that looks much more like the state it serves than its counterparts across the nation,” said Governor JB Pritzker. “We can’t turn back time, but we can act with an intentional eye for accountability and diversity, and that’s exactly how we in Illinois

Read More Here...