Illinois Governor JB Pritzker and the Illinois Department of Financial and Professional Regulation (IDFPR) today issued five additional conditional adult-use dispensing organization licenses to applicants selected in lotteries held in the summer of 2021.
The licensees join the 177 conditional licenses issued by the administration in July, bringing the total number of issued licenses to 182 (of 185 available licenses).
All businesses qualify as social equity applicants under the Cannabis Regulation and Tax Act.
Of the businesses selected through the lottery:
- 41% are majority black-owned
- 7% are majority white-owned
- 4% are majority Latino-owned
- 38% did not disclose race
According to the IDFPR's list that identifies the current holders of conditional adult-use dispensing licenses, the five new licenses include:
- Project Equity Illinois in BLS Region #1 Bloomington, BLS Region #10 Peoria and BLS Region #12 St. Louis
- Tru Essence Group in BLS Region #2 Cape Girardeau
- Veltiste Illinois in BLS Region #5: Chicago-Naperville-Elgin
At this time, only three of the 185 conditional adult use dispensary licenses remain to be issued by IDFPR. The department is waiting for additional or updated documents from entities that did not receive conditional licenses today.
IDFPR anticipates processing the remaining conditional licenses as quickly as possible over the coming weeks once those documents are received and approved.
All businesses awarded conditional licenses will have 180 days to select a physical storefront location and obtain the full adult-use dispensing organization license.
If a conditional licensee is unable to find a suitable physical location within the 180-day period, they may request an extension of 180 days. Once issued an adult-use dispensing organization license, a business may begin purchasing and dispensing adult use cannabis.