Litigation over who gets access to the newly legalizing business of recreational cannabis have been on the rise, as states try to favor minorities and small business owners by setting aside some licenses for them. Illinois’ licensing process has already been fraught with litigation over such social equity issues.
“The legal marijuana business in Illinois is being controlled by a state-protected “Chicago cartel” that includes companies linked to the wealthy Pritzker, Wrigley and Kovler families, according to a lawsuit filed by a group called True Social Equity in Cannabis………The companies collude to control prices, with a pound of branded marijuana in Illinois going for about $4,000, compared with $300 in a competitive market like California, according to the suit by True Social Equity in Cannabis, which consists of pot consumers, workers and entrepreneurs.” Hahahaaha, no wonder the rollout of IL cannabis was a success, it’s an triopoly, with companies… Read more »
A largely unasked question is becoming glaring: Is Illinois doing all it should to use artificial intelligence to make government cost less and work better? So far, the evidence says no.
Shocked i tell you
“The legal marijuana business in Illinois is being controlled by a state-protected “Chicago cartel” that includes companies linked to the wealthy Pritzker, Wrigley and Kovler families, according to a lawsuit filed by a group called True Social Equity in Cannabis………The companies collude to control prices, with a pound of branded marijuana in Illinois going for about $4,000, compared with $300 in a competitive market like California, according to the suit by True Social Equity in Cannabis, which consists of pot consumers, workers and entrepreneurs.” Hahahaaha, no wonder the rollout of IL cannabis was a success, it’s an triopoly, with companies… Read more »