Pritzker Administration Issues Second Wave of Conditional Adult Use Cannabis Dispensary Licenses

 Pritzker Administration Issues Second Wave of Conditional Adult Use Cannabis Dispensary Licenses

CHICAGO — Governor JB Pritzker and the Illinois Department
of Financial and Professional Regulation (IDFPR) issued 28
additional Conditional Adult Use Dispensing Organization Licenses to applicants selected in three lotteries for 185 licenses. These awardees join the 149 conditional licenses issued by the Department on July 22, bringing the total number of issued licenses to 177. The Department’s Adult Use Cannabis webpage has been updated to include today’s awardees.

Of the businesses selected for licenses, 41% are majority
Black-owned, 7% are majority White-owned, and 4% are majority Latino-owned, while 38% of awardees did not disclose the race of their owners. All businesses qualify as Social Equity Applicants under the Cannabis Regulation and Tax Act.

“These 177 licenses represent 177 individual but powerful steps toward addressing the decades of injustice preceding cannabis legalization, and I’m proud to help foster an industry that looks much more like the state it serves than its counterparts across the nation,” said Governor JB Pritzker. “We can’t turn back time, but we can act with an intentional eye for accountability and diversity, and that’s exactly how we in Illinois will continue to move forward.”

At this time, only eight of the 185 conditional adult use dispensary licenses remain to be issued by IDFPR. The Department is waiting for additional or updated documents from entities that did not receive conditional licenses today. IDFPR anticipates processing the remaining conditional licenses as quickly as possible over the coming weeks once those documents are received and approved.

All businesses awarded Conditional Licenses will have 180
days to select a physical storefront location and obtain the full Adult Use Dispensing Organization. If a Conditional Licensee is unable to find a suitable physical location within the 180-day period, they may request an extension of 180 days. Once issued an  Adult Use Dispensing Organization License, a business may begin purchasing and dispensing adult use cannabis.

The full list of licensees is available at tinyurl.com/4cvrk2tp

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