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Illinois issues next round of dispensary licenses

Illinois News Joint

Conducted in July 2023, all 35 applicants issued a conditional license met social equity criteria. Applicants issued a conditional license will now have 365 days to build their dispensary and receive final approval from IDFPR for their Adult Use Cannabis Dispensing Organization License. For Illinois News Joint reviews, visit here.

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Illinois 2023 medical cannabis sales reach $3.24M

Illinois News Joint

The Illinois Department of Public Health (IDPH) recently released its December 2023 medical cannabis sales totals. for the third-highest monthly total in 2023, behind March’s $29,018,805.60 Total 2023 medical cannabis sales reached $324,792,664.73, which was the lowest yearly total since adult-use legalization. May: $27,461,289.64

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Illinois releases 2023 Annual Cannabis Report

Illinois News Joint

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. To find cannabis-friendly events in Illinois, visit here.

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High-Minded Events to host Budtender Choice Awards

Illinois News Joint

Now that we’re nearly three weeks into the New Year, event planners are doing what they do: finalizing dates and venues for 2023 cannabis-friendly events. Our partners at High-Minded Events have already scheduled three events for this year, including the Budtender Choice Awards , which is set for next month.

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Illinois 2023 medical sales lowest start in two years

Illinois News Joint

The Illinois Department of Public Health (IDPH) updated its January 2023 and February 2023 medical cannabis sales totals yesterday for the first time this year. Medical cannabis sales for 2023 started well below the 2022 and 2021 monthly totals. In January 2023, Illinois collected $27,621,022.42 February: $28,187,064.97

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Tax Practitioners’ Meeting includes Section 280E cannabis deduction

Illinois News Joint

The Illinois Department of Revenue (IDOR) today hosted the 2023 Tax Practitioners’ Meeting and PowerPoint presentation. The new Section 280E tax law amendment was included in the State’s budge, HB3817 , which passed June 7. When the new law becomes effective for tax years beginning on or after Jan.

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Celebrating 420 in 2023

Kind Meds (Cannabis Education Blog)

Are you ready for 420, 2023? Celebrating 420 2023 in Style The potential ways to celebrate cannabis on 420 are limited only by your imagination, ambition, and budget. Attend a Cannabis-Infused Yoga Class Another wonderful way to celebrate 420 in 2023 is to attend a cannabis-infused yoga class.