The Illinois Department of Financial and Professional Regulation (IDFPR) announced plans to “review questions” raised about its licensing process before setting a date for its cannabis dispensary license lottery, according to a Belleville News-Democrat report. On September 3rd, regulators announced 21 social equity applicants would be included in a lottery to win the 75 licenses, with the lottery to be held later this month. The 21 applicants, chosen from 1,667 total applications submitted, all received perfect scores, according to a Chicago Sun-Times report. However, the licensing process has drawn criticism from that denied access to the lottery. Additionally, a group of companies behind unsuccessful licensing bids filed a federal lawsuit that alleges political motivation behind the number of businesses advancing to the lottery.

Posted Melissa Schiller, Cannabis Business Times, 09/16/2020 12:36:40

Open article: