Illinois Department of Financial and Professional Regulation Archives

Legal cannabis in Illinois is worth billions, but social equity applicants are still waiting to get their foot in the door

Bethan Rose Jenkins, Cannabis News Writer/Editorial • March 30, 2022

As of January 1, 2020, cannabis has been legal for recreational purposes in Illinois. Since this time, the landlocked state has generated over $2 billion in revenue. However, despite the billions...

Growing number of Illinois cannabis employees vote to join Teamsters

Bethan Rose Jenkins, Cannabis News Writer/Editorial • March 5, 2022

Workers at three cannabis companies in Illinois have voted to join the International Brotherhood of Teamsters — a labor union serving the U.S. and Canada. An "overwhelming" vote to join the Teamsters...

State data confirms that recreational cannabis sales in Illinois exceeded $1 billion in 2020

Bethan Rose Jenkins, Cannabis News Writer/Editorial • January 7, 2021

New state data released by the Illinois Department of Financial and Professional Regulation (IDFPR) shows that cannabis sales in Illinois have hit a milestone. Based on the latest figures, legal sales...

Adult-use cannabis sales in Illinois hit another new record in September

Bethan Rose Jenkins, Cannabis News Writer/Editorial • October 20, 2020

Illinois' recreational cannabis industry is on a continuous race towards success, with sales of legal weed approaching $68 million in September — almost $4 million more than the total sales recorded...

Caregivers could support more patients under Massachusetts’ refreshed medical cannabis regulations

Bethan Rose Jenkins, Cannabis News Writer/Editorial • August 27, 2020

Massachusetts has refreshed its medical cannabis regulations to provide patients with greater access to their medicine. However, the decision didn't come without it's hurdles. Opposing opinions meant that...

Illinois’ adult-use cannabis industry is successful, but strained by lack of supply

Bethan Rose Jenkins, Cannabis News Writer/Editorial • July 29, 2020

During the first six months of legal recreational cannabis sales in Illinois, the state managed to harvest $52 million in revenue. While it's clear that the market has thrived since the Cannabis Regulation...

Illinois scooped a record-breaking $44 million from recreational cannabis sales in May

Bethan Rose Jenkins, Cannabis News Writer/Editorial • June 25, 2020

Coronavirus-related social distancing measures were expected to impede growth of recreational cannabis sales in Illinois but interestingly, residents snapped up more than $34 million worth of legal weed...

Coronavirus has left 75 cannabis dispensary license applicants in Illinois feeling impatient

Bethan Rose Jenkins, Cannabis News Writer/Editorial • May 11, 2020

As if the coronavirus pandemic hasn’t already caused enough problems for the cannabis industry – not to mention various other industries – but now, it has put the awarding of dispensary licenses...

Illinois lawmakers are helping residents of disproportionately impacted areas benefit from cannabis reform

Cannabis social equity applications in Illinois will officially open on December 10

Bethan Rose Jenkins, Cannabis News Writer/Editorial • October 17, 2019

The Department of Commerce and Economic Opportunity (DCEO) has informed Illinois residents of the requirements for social equity program eligibility. Individuals will be considered as social equity applicants...

Illinois Senate panel passes bill to protect banks serving cannabis businesses

State Treasurer says Illinois' cannabis industry is “ripe for theft, fraud and tax evasion"

Bethan Rose Jenkins, Cannabis News Writer/Editorial • April 2, 2019

An Illinois senate committee has voted to advance a cannabis bill. If approved, it would restrict the Illinois Department of Financial and Professional Regulation from taking any form of legal action...

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