 The Illinois Department of Financial and Professional Regulation announced on Friday the tentative winners for new recreational cannabis retail permits. The department’s website lists the names of the 185 social equity applicants who were selected.
At this time, the licenses will be conditional for a 180-day period where applicants may begin to build out their dispensaries, but may not yet begin sales. During this period, applicants should do things like choose locations for their stores, send floor plans to the agency for approval, submit principal officer fingerprints to the state for records, and pay licensing fees, along with other compliance items. After final approval, applicants may receive their final permits and can then begin sales. Currently, Illinois has 110 adult-use shops in operation. When these new applicant’s licenses are finalized and stores are opened, the state will then have a total of 295 retail cannabis locations in the state. Comments are closed.
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