The governor of Illinois on Monday signed an government order delaying the issuance of 80-plus marijuana business permits that had been scheduled to be awarded on July 1, and now it’s unclear when the licenses may be granted.

According to the Chicago Tribune, Illinois Gov. J.B. Pritzker’s order delays indefinitely 40 new craft cultivation permits, 40 infuser licenses and an uncapped variety of transporter permits. There’s additionally no indication when the licenses may be given out.

That has some candidates nervous that they may very well be on the hook for property-rental funds whereas they wait, for the reason that state required candidates to have business properties lined up earlier than the licenses had been awarded.

Several candidates informed the Tribune they imagine the delays may value them hundreds, if not tens of hundreds, in additional hire they may not be capable to afford, which may imply the delay value them the chance to enter the trade.

Social fairness candidates are amongst those that now may not be capable to get into the trade, the Tribune reported.

Earlier this yr, the same delay occurred for 75 new storefront licenses. Those permits nonetheless haven’t been handed out, nor have the candidates been given a timeline for when the licenses may be granted, the Tribune reported.

Source link