Pritzker signs bill to ensure minority-owned stake in Illinois’ legal marijuana sales

Local News

SPRINGFIELD, Ill. (WTVO) — On January 1st, 2020, Illinois will become the 11th state in the U.S. to legalize recreational marijuana.

On Wednesday, Gov. J.B. Pritzker signed a bill to make it easier for minority groups to get involved in the business side of legal marijuana.

Pritzker describes the new law as “equity-centric” and says it’s the first of it’s kind, saying it will give a leg up to people of color and others “disproportionally impacted” by the war on drugs.

“No other state has developed a comprehensive plan to promote social equity and because of that, we’ve seen a result in those states we don’t want here in Illinois, an industry that doesn’t reflect diversity or equity.”

The State’s goal is to award 75 additional licenses in the upcoming months to businesses owned by African Americans and other minority owners.

Chicago’s Black Caucus Chairman Ald. Jason Ervin observed that the first waves of pot shop licenses all went to white owners, according to WTTW.

Those who benefit from the equity law will be able to get business loans funded by marijuana sales revenue.


For more local news, download the MyStateline app (iOS) or (Android) and subscribe with Alexa.

Follow us on Facebook, Twitter, YouTube and Instagram!

Copyright 2020 Nexstar Broadcasting, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.

Latest News Video

Made in the Stateline

More Made in the Stateline

Education Matters

More Education Matters

Behind the Badge

More Behind the Badge

Stateline Strong

More Stateline Strong





Trending Stories