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Illinois touts diversity in pot industry, but new owners say they need financial help

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Some new license holders, though, say that funding assistance is needed for them to allow businesses to open.

Majority Black-owned Ivy Hall Dispensary is the state’s first operating social equity cannabis dispensary, seen Nov. 14, 2022. Illinois has the most diverse cannabis industry in the United States, according to a new study — but new business owners say they need a lot more help to get started.found that 60% of all recreational and medical cannabis licenses went to minority- or women-owned businesses.

“We’re incredibly proud of our emerging cannabis industry, and we’re fully committed to making this an industry where people most affected by the War on Drugs can start their own business and thrive,” Gov. J.B. Pritzker said in a news release. As a result, many craft growers facing an Aug. 1 deadline to begin operating say they need extensions from the state.

 

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