Illinois issues 48 new craft cannabis grower licenses in step that helps diversify the industry

  • 📰 ChicagoBreaking
  • ⏱ Reading Time:
  • 33 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 16%
  • Publisher: 51%

United States News News

United States United States Latest News,United States United States Headlines

The news means that applicants can now get financing to pursue their dreams, and can restart the process of acquiring real estate, getting zoning approval, beginning construction, hiring employees and buying supplies.

“This is very good news,” said attorney Don Craven, who represents several companies that won licenses. “It adds a level of certainty they have not had.”

Many growers expect to take six months to a year or more to open. Of the first batch of up to 40 craft grows authorized in 2021, justThe announcement means that nearly half of all 341 craft growers, transporters and infusers licensed by the state Department of Agriculture are Black or brown majority-owned firms.

But state law limits craft growers to 5,000 square feet of growing space, a tiny fraction of the 210,000 square feet of canopy space that the originally licensed, white-owned cultivation centers are allowed. Craft growers hope new legislation will increase their size limit, which would make it easier to get financing.

 

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

These so called “diversity/social justice oriented” dispensaries are basically corporate pot dealers. Giving crumbs while pocketing millions. Like Big Pharma. Doctors, the new “dealers” drug reps, the distributors, and Big Pharma the cartel. Government their muscle/protection.

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:

 /  🏆 521. in US

United States United States Latest News, United States United States Headlines