Cannabis News Box

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

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

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 if they are deemed to come from 'disproportionately impacted areas'. Eligible applicants ...

Illinois Senate panel passes bill to protect banks serving cannabis businesses

Illinois Senate panel passes bill to protect banks serving cannabis businesses

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 that could potentially discourage banks and credit unions from working with legal cannabis businesses. ...

Illinois Department of Financial and Professional Regulation