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2 months ago

Cannabis,

IL Senate Oks Bill To Let Cannabis Companies Use Banking System

CHICAGO HEIGHTS, IL — A bill by State Senator Toi Hutchinson (D-Chicago Heights) that permits legal cannabis businesses to use the banking system is headed toward the house after passing through the senate with no opposition. Businesses that distribute medical marijuana are cash-only, which makes the industry vulnerable to fraud and criminal, Hutchinson claims. The move also brings Governor JB Pritzker’s promise to legalize recreational marijuana use by the early summer one step closer to fruition. Last year, the legal medical cannabis industry in Illinois took in $136 million in revenues, her office said. The proposal prohibits the Secretary of

Cannabis,

Illinois approves 26 businesses to offer safety training to marijuana sellers

SPRINGFIELD, Ill. (WLS) — Illinois has approved 26 businesses to provide mandatory health and safety training to operators of marijuana dispensaries in the state. The Department of Financial and Professional Regulation released a list of “responsible vendors” on Tuesday to help cannabis sellers meet their training requirement. All marijuana dispensary operators must be trained on properly dispensing cannabis, checking buyers’ identification and other health and safety concerns. Recreational marijuana use becomes legal for adults in Illinois on January 1, 2020. RELATED: Illinois Weed Legalization Guide The 26 approved training companies are based in Cook, Lake, Kane, DuPage, Will and Sangamon