Illinois: Governor Signs Equity Measure to Award Over 100 New Dispensary Licenses

Illinois: Governor Signs Equity Measure to Award Over 100 New Dispensary Licenses

Illinois Governor JB Pritzker (D) signed legislation into law aimed at increasing diversity in the state’s marijuana industry.

House Bill 1443 provides for an additional 110 marijuana dispensary licenses, which will be awarded to qualified applicants via two separate lotteries comprised of 55 licenses in each.

The second lottery is reserved for equity applicants who have or whose family members have, a past marijuana conviction, or who have lived in a “disproportionately impacted area” for at least 10 years.

A third lottery will occur in August to award and additional 75 licenses to “tied applicants.”

HB 1443 takes effect immediately.

“The legislation I signed today helps us continue establishing a cannabis industry that doesn’t shy away from the pain caused by the war on drugs, but instead centers equity and community reinvestment,” Gov. Pritzker said in a statement.

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