Clouted pot company can’t legally move dispensary to site of old Rainforest Cafe

  • 📰 fox32news
  • ⏱ Reading Time:
  • 26 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 51%

Malaysia News News

Malaysia Malaysia Latest News,Malaysia Malaysia Headlines

A dispensary can’t open within 1,500 feet of an existing pot shop unless it’s owned by a so-called social equity applicant, according to Chris Slaby, a spokesman for the Illinois Department of Financial and Professional and Regulation.

There are at least three dispensaries that appear to be within that distance. PTS, one of the original firms to get approval to sell pot in Illinois, does not have social equity status, a designation created to diversify the white-dominated weed business.

PTS has also been led in part by David Flood, a businessman whose family owns Flood Brothers Disposal, a trash-hauling company that has held lucrative contracts with city agencies. Flood previously served as the treasurer and principal officer of the influential and deep-pocketed Medical Cannabis Alliance of Illinois, which is now known as the Cannabis Business Association of Illinois.

There is also a PharmaCann Verilife dispensary at 60 W. Superior St. and Ascend’s MOCA dispensary at 216 W Ohio St.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 547. in MY
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

S&P 500 tumbles under 4,500 as hawkish Fed triggered yield rally pressures large cap tech stocksMajor US equity indices slumped on Wednesday in the hours prior to the release of the minutes of the Fed’s March meeting, with large-cap tech stocks l
Source: FXStreetNews - 🏆 14. / 72 Read more »

Goldman Sachs says these S&P 500 stocks have potential upside of over 60%Goldman has listed the U.S. stocks with the highest upside to its own price targets — including 9 the bank says have potential upside of over 60%. After the coming crash, yeaaaahh, they all do!! 🤣🤣🤣
Source: CNBC - 🏆 12. / 72 Read more »