Lawyers, race and money: Illinois' messy weed experiment

Canada News News

Lawyers, race and money: Illinois' messy weed experiment
Canada Latest News,Canada Headlines
  • 📰 politico
  • ⏱ Reading Time:
  • 51 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 24%
  • Publisher: 59%

Illinois stood to become a model for diversifying the marijuana industry in other states when it legalized the drug last year. So far, its success is half-baked

for marijuana-related crimes nationwide, even though they have similar rates of usage. States and cities across the country have tried to ensure that communities disproportionately hurt by criminal penalties on marijuana are able to reap the financial benefits of legalization. But so far those efforts have largely failed, and the rapidly growing industry —

“We started with the premise that you cannot normalize and legalize an activity for whom prohibition of the same activity destroyed whole communities,” Hutchinson said.Cannabis entrepreneurs are disheartened that nearly two years after recreational marijuana was legalized in January 2020, they have yet to secure licenses. Meanwhile, established — mostly white-owned — medical cannabis companies were allowed to expand their foothold as new entrants lingered in a novel process.

Illinois’ latest legal fumble emerged a few weeks ago after applicants from earlier lotteries for dispensary licenses say they were wrongly left out of the process because of a clerical error. As a result, the state has put the distribution of all licenses on hold. So far, 185 conditional dispensary licenses have tentatively been awarded. In all, Illinois plans to hand out 500 licenses through a lottery process that is designed to benefit applicants who are from minority communities, women and veterans.

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:

politico /  🏆 381. in US

Canada Latest News, Canada Headlines

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

Mad Money with Jim Cramer PodcastMad Money with Jim Cramer PodcastLISTEN NOW: How should you navigate the market's recent behavior? Listen and follow the MadMoneyOnCNBC podcast here or on your favorite podcast platform:
Read more »

Ripples from Texas abortion law spread to Illinois safe havenRipples from Texas abortion law spread to Illinois safe havenAn Illinois clinic, emblematic of a state that has deemed itself a safe haven for abortion care, is feeling the reverberations of the Texas abortion law in the form of dozens of women forced to travel hundreds of miles just to secure an appointment.
Read more »

Op-Ed: Just teach the truth about America's less-than-glorious historyOp-Ed: Just teach the truth about America's less-than-glorious historyOp-Ed: Just teach the truth about America's less-than-glorious history (via latimesopinion)
Read more »

Want to raise financially healthy kids? Here’s what to do — and mistakes to avoidWant to raise financially healthy kids? Here’s what to do — and mistakes to avoidWant to raise financially healthy kids? Here’s what to do — and mistakes to avoid investinyou (In partnership with acorns.)
Read more »

Opinion: How can you avoid choking as an investor? Plan for the moment the pressure is on youOpinion: How can you avoid choking as an investor? Plan for the moment the pressure is on youOPINION: Managing your money effectively requires managing pressure's two root causes: uncertainty and lack of perspective.
Read more »



Render Time: 2025-04-02 18:33:35