Mayor Lori Lightfoot said Monday she is “very serious” about the city growing its own recreational marijuana to give minorities a chance to learn the business and share the wealth and said $15 million generated by tax-increment financing could be used as seed money.
Lightfoot said the concept of the city opening a “cooperative cultivation center” that minorities can “buy into” — either with a “modest cash investment” or with “sweat equity” — is aimed at overcoming the biggest impediment to minority ownership.