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Tag Archives: IDFPR

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IDFPR releases 2023 Annual Cannabis Report

Illinois News Joint Posted on October 1, 2023 by Jason BrownOctober 22, 2023
Illinois releases 2023 Annual Cannabis Report

Friday, the Illinois Department of Financial & Professional Regulation (IDFPR) released its Annual Cannabis Report for fiscal year 2023. The 20-page report included a summary, 2023 accomplishments, goals for fiscal year 2024, and several charts and statistics.

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Posted in Law, News, Politics | Tagged 2023 Annual Cannabis Report, Department of Financial & Professional Regulation, FY2023, FY2024, IDFPR, Illinois, Social Equity Criteria Lottery, social equity dispensary licenses

IDFPR receives nearly 2.7K dispensary lottery applications

Illinois News Joint Posted on April 27, 2023 by Jason BrownApril 29, 2023
IDFPR receives nearly 2.7K dispensary lottery applications

The Illinois Department of Financial and Professional Regulation (IDFPR) announced today it received 2,693 applications for the upcoming Social Equity Criteria Lottery (SECL). This lottery will distribute the next round of 55 conditional adult use cannabis dispensary licenses across the … Continue reading →

Posted in Culture, Law, News | Tagged 2, 693 applications f, announcement, Bureau of Labor Statistics Regions., IDFPR, Illinois Department of Financial and Professional Regulation, Social Equity Criteria Lottery

IDFPR warns of social equity lottery scammers

Illinois News Joint Posted on February 16, 2023 by Jason BrownMarch 3, 2023
IDFPR warns of social equity lottery scammer

Scammers have always been a part of the cannabis black market, and the legal market now has brought an entirely new set of scammers to the industry. The Illinois Department of Financial and Professional Regulation (IDFPR) today warned individuals in … Continue reading →

Posted in Law, News, Politics | Tagged IDFPR, IDFPR warns of social equity lottery scammer, Illinois Department of Financial and Professional Regulation, social equity criteria license lottery scams

‘Technical error’ closes Social Equity Criteria Lottery portal

Illinois News Joint Posted on January 31, 2023 by Jason BrownJanuary 17, 2024
‘Technical error’ closes Social Equity portal

The Illinois Department of Financial and Professional Regulation (IDFPR) announced today that, because of a technical error, an outdated Cannabis Dispensary License application for the Social Equity Criteria Lottery (SECL) was made available through the IDFPR online portal. IDFPR closed … Continue reading →

Posted in Law, News, Politics | Tagged IDFPR, Illinois Department of Financial and Professional Regulation, outdate application, portal close, Social Equity Criteria Lottery, Technical error

‘Flexible’ timeline set for next dispensary lotto

Illinois News Joint Posted on December 21, 2022 by Jason BrownJanuary 17, 2024
‘Flexible’ timeline set for next dispensary lotto

The Illinois Department of Financial and Professional Regulation (IDFPR) has provided a “flexible” timeline, as well as other supplemental information, for the next round of cannabis dispensary licenses in Illinois. Applications for the lottery will be accepted starting at the … Continue reading →

Posted in Law, News, Politics | Tagged 55 additional conditional cannabis dispensary licenses, dispensary licenses, IDFPR, Illinois Department of Financial and Professional Regulation, January, lottery, timeline

IDFPR touts cannabis programs in inaugural report

Illinois News Joint Posted on October 31, 2022 by Jason BrownJanuary 17, 2024
IDFPR annual report

The Illinois Department of Financial and Professional Regulation (IDFPR) releases its inaugural “Annual Report” today to highlight the strides IDFPR has made. This report also explains what IDFPR does and the divisions within the department.

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Posted in Culture, Health, Law, News, Politics | Tagged Annual Report, Cannabis Regulation and Tax Act, Compassionate Use of Medical Cannabis Program Act, IDFPR, Illinois Department of Financial and Professional Regulation, inaugural, regulatory agency

Illinois’ FY2022 cannabis tax revenues total $800M

Illinois News Joint Posted on September 29, 2022 by Jason BrownJanuary 17, 2024
Illinois cannabis tax revenues

The Illinois Department of Financial & Professional Regulation (IDFPR) released its Annual Cannabis Report for fiscal year 2022, which also included the Prairie State’s total cannabis tax revenues generated from taxation, licensing, and other fees for the State, as well … Continue reading →

Posted in Law, News, Politics | Tagged Annual Cannabis Report, Department of Financial & Professional Regulation, IDFPR, Illinois cannabis tax revenue, licensing, tax revenues, taxation

IDFPR releases Annual Cannabis Report for FY2022

Illinois News Joint Posted on September 27, 2022 by Jason BrownJanuary 17, 2024
Annual Cannabis Report for FY2022

This week, the Illinois Department of Financial & Professional Regulation (IDFPR) released its Annual Cannabis Report for fiscal year 2022. One of the most glaring highlights from the report include the fact that IDFPR “was unable to issue licenses related … Continue reading →

Posted in Culture, Law, News, Politics | Tagged Annual Cannabis Report, Department of Financial & Professional Regulation, fiscal year 2022, IDFPR, Illinois, Licenses, Social Equity Justice Involved Lotteries

IDFPR conducts 3 corrective craft lotteries

Illinois News Joint Posted on June 23, 2022 by Jason BrownJanuary 17, 2024
IDFPR conducts 3 corrective craft lotteries

Each of the last three days, the Illinois Department of Financial and Professional Regulation (IDFPR) has announced results for a corrective lottery for conditional licenses, including Tied Applicant, Social Equity Justice Involved, and Qualifying Applicant lotteries.

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Posted in Law, News, Politics | Tagged Conditional License, Corrective Lottery, IDFPR, Illinois Department of Financial and Professional Regulation, lottery, Qualifying Applicant, Social Equity Justice Involved, Tied Applicant

Illinois to issue new licenses in 3 waves

Illinois News Joint Posted on June 12, 2022 by Jason BrownJanuary 17, 2024
185 Conditional Adult Use Cannabis Dispensing Organization Licenses

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.

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Posted in Law, News, Politics, Uncategorized | Tagged 185 Conditional Adult Use Cannabis Dispensing Organization Licenses, dates set, IDFPR, Illinois, Illinois Department of Financial and Professional Regulation, new licenses, three waves

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