The Illinois Department of Financial and Professional Regulation (IDFPR) announced the next steps to issue 185 Conditional Adult Use Cannabis Dispensing Organization Licenses to applicants selected in three lotteries in 2021.
Applicants must finalize statutory compliance checks before conditional licenses can be issued. To accommodate these compliance checks, beginning June 16, 2022, IDFPR intends to issue conditional licenses in three waves:
Wave 1, on or before July 22, 2022. Naperville-Chicago-Elgin BLS Region.
Wave 2, on or before August 5, 2022. Other BLS Regions with multiple licenses available.
Wave 3, on or before August 19, 2022. BLS Regions with a single license available.
The pace of licensing will be determined by how quickly applicants’ compliance checks can be verified. The announcement comes as courts have recently lifted stays that previously prevented the release of the licenses.
“We recognize this is a long-awaited day by many seeking to join the most diverse and inclusive adult use cannabis industry of any state and IDFPR is prepared to take the next steps forward together,” said Mario Treto, Jr., Secretary of the Illinois Department of Financial and Professional Regulation. “Our agency is ready to work with applicants throughout the next stage so they may obtain their licenses and join Illinois’ robust adult use cannabis industry.”
To ensure fairness for all applicants and correct any errors in the lottery process, IDFPR has also announced its plans to conduct three corrective lotteries in June (one for each of the cannabis dispensary license lotteries held in 2021).
IDFPR faces continued litigation and will comply with any pertinent court orders. For more Illinois cannabis industry news, click here.
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