Team Pritzker owes would-be pot shop owners an explanation – Crain’s*

Growth in overall sales and tax revenue is slowing, largely because Illinois has far fewer retail locations per capita than other states. Meanwhile, the effort to give Black and Brown entrepreneurs a fair shot at potentially lucrative retail licenses has also been hobbled by bureaucratic delay. Now hey’ve hit another snag. The state of Illinois says the applicants can’t take on investors until they have their shops built out, inspected and open for business. Yet to build out those shops, some applicants need capital. Most banks still aren’t willing to lend to marijuana businesses because weed is still illegal on a federal level. Those who do lend are reportedly charging 18% to 20% interest rates.

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Chicago area loses population for third year in a row, third-worst loss among big metros – Wirepoints

The latest 2023 Census population estimates show migration and population changes have largely returned to their pre-pandemic patterns across the country. Metro Chicago’s loss of 16,600 people is the 3rd-highest decline among the nation’s metropolitan areas. Only the Los Angeles area (down 71,000) and the New York City area (down 65,000) lost more people than Chicagoland.

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