State grants conditional licenses for more cannabis dispensaries | Company

CHAMPAIGN — More recreational cannabis dispensaries are on the way in Illinois, with several newcomers likely to come to the Champaign-Urbana and Danville areas.

The state today announced it has granted 149 conditional distribution organization licenses and will award 36 more in the coming weeks, according to Department of Financial Regulation spokesman Chris Slaby. and professional from Illinois.

Conditional license holders cannot yet set up and start selling cannabis. They are in a 180-day period during which they must take steps to develop their plans, including identifying a location, before they can receive final state approval to operate a fully functional dispensary. .

Highland-based Fortunate Son Partners LLC and Hanover Park-based Sequity Ventures LLC have received conditional licenses for the Champaign-Urbana region, which includes Champaign, Ford and Piatt counties.

Conditional licenses for the Danville/Vermilion County area have been issued to Mariworks LLC and Parkway Dispensary, both based in Chicago.

Two conditional licenses were also issued to Elk Grove Village-based Allgreens Dispensary LLC and Chicago-based Lighthouse Dispensing Company LLC in a 14-county non-metro area of ​​east-central Illinois.

Counties in this region include Iroquois, Douglas, Edgar, Coles, Clark, Cumberland, Fayette, Effingham, Jasper, Crawford, Clay, Marion, Richland, and Lawrence.

In total, the region comprising Champaign, Piatt and Ford counties will get three new licenses, Vermilion County will also get three, and the East Central Illinois multi-county area will get four, Slaby said. .

All of the conditional licenses just granted come from three lotteries that took place last year, and the state is in a review process leading to the issuance of final licenses to do business, he said. he declares.

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