Larry Mishkin Illinois adult use cannabis

Discretionary Consumption Becomes Law in the Land of Lincoln

Last month, the Illinois legislature sent an adult-use cannabis bill to new governor Jay Pritzker for signature. Given all indications that he will sign it, legal discretionary use in Illinois will begin on January 1, 2020. Significantly, passage will mark the Prairie State as the first to enact a complete adult-use program through legislative action rather than a citizens’ vote or referendum.

Per the law, adults 21 and older will be able to purchase cannabis from the states’ dispensaries for their own personal use. Illinois residents will be allowed to possess up to 30 grams of flower, 5 grams of concentrate, and 500 milligrams of THC-infused products. Out-of-state visitors will be limited to 15 grams of flower, 2.5 grams of concentrate, and 250 milligrams of THC-infused products.

On the business end of things, current holders of medical dispensary and cultivation center licenses may immediately apply to allow a portion of their current medical dispensaries/cultivation centers to sell/grow adult-use cannabis. Dispensary owners can also apply for an additional adult-use license for each medical license they hold; such will be the only group legally allowed to grow and sell plants for adult use.

Ultimately, the state will offer licenses for new cultivators (craft grows), dispensaries, processors, and transportation. Come May 2020, the application process run by the Illinois Department of Financial and Professional Regulation (IDFPR) will open to license up to 75 new adult-use dispensaries, with an additional 110 dispensary licenses awarded from the IDFPR expected in December 2021.

Read the full article on newfrontierdata.com