The Illinois Department of Financial and Professional Regulation (IDFPR) announced today the results of the Social Equity Justice Involved Lottery for 55 Conditional Adult-Use Cannabis Dispensary Licenses from a pool of 589 unique applicants who scored 85 percent or greater in their applications.
To qualify for the lottery, applicants had to be eligible for social equity status under either criteria one (residency in a disproportionately impacted area) or two (eligible conviction) of the definition of Social Equity Applicant.
According to reporting at Grown In, “almost half of the selections made went to teams closely aligned with multi-state operators as well as a number of high profile Illinois names.” For more details on the winners of the lottery, check Grown In’s article here.
The lottery results may change as a result of a court decision on Aug. 9 or an administrative review.
No individual principal officer or applicant can receive more than two Conditional Licenses in this lottery.
Additionally, an applicant may not have a principal officer who is also a principal officer in more than ten Early Approval Adult Use Dispensing Organization Licenses, Conditional Licenses, and Adult Use Dispensing Organization Licenses.
Those selected in this lottery who receive a Conditional License shall have 180 days to identify a physical location for the dispensing organization’s retail storefront.
The Tied Applicant Lottery for 75 conditional licenses will be conducted by the Illinois Lottery Thursday, August 19, 2021.
The results of the Social Equity Justice Involved Applicant Lottery can be found here.
For more Illinois cannabis industry news and reviews, click here.