Experts: Tax rules for cannabis industry ‘inhibit entrepreneurship’ among minorities – Chicago Tribune

Still, all is not well in the state’s legal cannabis industry. Despite the recent high, both adult use and medical cannabis dispensaries will feel the pinch of federal regulations on April 18, the deadline for filing income tax returns. territories and Washington, D.C., have legalized the sale of medical cannabis, according to the National Conference […]

Court denies request to let Illinois name craft cannabis license winners – Chicago Tribune

By state law, Illinois was required to disperse up to 60 new craft marijuana growing licenses by Dec. State law calls for expanding the industry to include social equity applicants, defined as people from areas of poverty or that had high arrest rates for cannabis offenses. Ryan Holz, the lead attorney who filed the appeal, […]

Plan to open cannabis growing facility in Elgin industrial plan headed to city council for final OK

Flora Arbor Group is an established firm with 11 cannabis growing facilities and/or dispensaries in nine states, Latinovic said. Production would be in a 51,100-square-foot building on a 3-acre site zoned for industrial use on Abbott Drive. A six-foot aluminum security fence will surround the property and security cameras will be erected, documents submitted to […]

Special prosecutor’s report on handling of Jussie Smollett matter outlines ‘major failure’ in Kim Foxx’s office

And intriguingly, the two Cook County prosecutors who took the lead in handling the Smollett case gave sharply contradictory answers about how the case was resolved. After the outcry over the initial case’s dismissal, the state’s attorney’s office repeatedly gave statements saying that Smollett’s case was resolved in a way similar to thousands of other […]

Column: State sending windfall from taxes on cannabis to help people in south suburbs …

Now, the state’s innovative efforts to use tax revenues to help communities affected by the war on drugs are taking shape. The state awarded the agency $1.1 million in January to expand programs serving Harvey, Riverdale, Dolton, Blue Island, Robbins and other communities. Illinois was the first state where the legislature legalized recreational pot sales, […]

Mundelein officials approve $57M budget for FY22, credit recreational cannabis sales tax revenue …

Dating back to 2018, Mundelein has consistently seen approximately $8 million in total sales tax revenue, according to budget documents. As part of the property tax levy discussion last year, village trustees considered potential uses for recreational cannabis-related revenue. Currently, the village is using the money from cannabis taxes to help fund general operations due […]

Green Bay casino gunman had been fired and banned from property, police say

MADISON, WIS. As people were yelling and screaming, Pofahl went outside and shot another restaurant employee, 28-year-old Daniel Mulligan, the sheriff said. She wrote in her petition that Pofhal had recently been fired for “a few things, including harassment,” and had been sending her texts and emails threatening her and her family for several weeks. […]