Cannabis News
Illinois Could End its War on Cannabis as New Equity-Focused Legalization Bill Lands
The land of Lincoln could soon become the land of legal recreational cannabis ending its war on cannabis. Governor J.B. Pritzker introduced the legalization bill recently, and if passed it would mean 12.74 million more of the American people would get a modern and functioning cannabis marketplace.
The Massive Bill
Pritzker announced the 522-page legislation bill and Democratic lawmakers would allow individuals with the age of 21 years and above to purchase recreational marijuana in the state of Illinois at any given licensed dispensary.
The state currently has a prohibition on cannabis with only an exception for medical use. However, with the new bill, Illinois residents would have a chance of possessing 30 grams of cannabis as well as grow a maximum of five plants at their homes. The nonresidents will be allowed to possess up to a maximum of 15 grams.
Notably, the plan is to expunge what the lawmakers have estimated to be 800,000 cannabis convictions and hence allow individuals with those convictions to work in the marijuana industry.
Also, there’s a $20 million low-interest loan program for the minority-owned businesses hence promoting social equity in the industry.
The Bill Boasts Support
The bill is an amendment to Senate Bill 7 that is sponsored by state Rep. Kelly Cassidy and state Sen. Heather Steans – both Democrats who had proposed similar measures in 2017 which eventually got turned down under the former Gov. Bruce Rauner who happens to be a Republican.
According to Steans, legalization will surely create state revenue which Illinois needs. For Pritzker, in his gubernatorial campaign equity-centric marijuana legalization was a top aspect of his platform.
Impacted Communities to Benefit
Pritzker notes that 25% of the sales revenue from cannabis will go directly to those communities which have been affected by discrimination in the prosecution of drug laws in the criminal justice system.
Also, 20% of the revenue will be for supporting services that are related to substance abuse as well as mental health. Another 35% will be directed to the state’s General Revenue Fund and another 10% to help Illinois’ stack of unpaid bills.
Unfinished Business
Several stocks are poised to benefit from the bill including Cresco Labs which is among the most significant cannabis operations in the United States operating in seven states. With its headquarters in Chicago, Illinois would be a key market.
Green Thumb Industries (GTI) is the other company to benefit in Illinois as it already has operations in 12 states. MariMed, a cannabis and hemp operations in America which initially provided advisory services to marijuana businesses will be another one to benefit.
However, as much as those stocks are poised to benefit, still there’s some unfished business. The bill has to pass both the houses of the state legislature.
Currently, it’s pretty likely that Illinois is to become the 11th state legalizing recreational pot with Democrats enjoying majorities in the House of Representatives as well as the Senate. Given that there hasn’t been any success for any effort to legalize by the legislature, the resistance will be immense. So the question stands, will Illinois overcome the opposition?
Photo by heather bozman from Pexels
With everything going on in the world, the trend has been to turn to online sources for ordering all of our basic human necessities. And what’s more of a necessity than weed? Your weed cravings don’t have to go unmet just because the entire world is on lockdown, and this is all thanks to online dispensaries.
But before you jump headfirst into the world of ordering weed online, there are a few things you should know to make the most of your experience.
It’s All About Reputation
Before buying any product, it’s always a good idea to peruse through reviews. There’s no better way to get a feel for a dispensary’s reputation than to read into the thoughts and opinions of fellow customers. This will give you an idea of a dispensary’s values when it comes to product quality and variety, customer service, and pricing.
According to Online Dispensary Canada Guide, it’s important to research the reputation of a dispensary before making a purchase. This can be done through sources like Trustpilot.com and Reddit. Try not to focus solely on the reviews directly on a dispensary’s website, but check out opinions from a variety of sources.
Quantity Isn’t Everything
We all know the phrase quality over quantity, and that phrase applies to your online weed shopping practices. Although having a variety of products to choose from is a major perk, what’s more important is the quality of the products…
Depending on your home country, accessing medical marijuana may just be easier than ever for you. This is the case for North Americans, Canadians in particular. Since the early 2000s, Canada has been successfully implementing a medical marijuana program for patients called the ACMPR.
Although this program (also referred to as the MMPR and MMAR in the past) has been around in some form or another for decades, it is continuing to grow in popularity. But why? It’s not just because Canadians want an excuse to grow cannabis plants from home…
What Is the ACMPR?
Before discussing the growing popularity of the ACMPR program, it’s important to have a solid understanding of what it actually is. ACMPR stands for Access to Cannabis for Medical Purposes Regulations. For those who are eligible and have a valid medical condition that requires the use of cannabis for treatment, the ACMPR allows for easy access to cannabis.
Not only does it allow medical patients to easily access medical-grade marijuana from licensed producers throughout the country, but it allows patients to cultivate their own plants from home. Unlike the recreational cannabis laws which allow citizens to grow no more than 4 plants from home, the ACMPR determines plant counts based on medical needs.
Canadians who use the ACMPR license to grow from home have a predetermined plant count based on the number of grams prescribed per day. For example, if you receive a prescription…
If you’re interested in growing marijuana and live in a state that allows its cultivation, then you might want to consider buying seeds from seed banks. Some of the best cannabis get cultivated outside the country, which means that, sometimes, you have to find a seed bank that ships to the US.
There are a lot of options when it comes to sources for marijuana seeds online. However, not all of them can ship to the US due to strict regulations in the country. Thus, it’s best to find a legit seed bank that can process orders from United States customers.
Avoid transacting with other sources aside from seed banks. If you do so, you run the risk of receiving low-quality products, wasting your money in the end. Look for a company with positive feedback and has a proven history of dealing with US customers. Some of the most popular ones include Seedsman and I Love Growing Marijuana (IGLM). You can check out GreenBudGuru’s Seedsman review and their review of other companies to find the best fit for your needs.
If you’re looking to get your seeds online, below are some reasons you should buy marijuana seeds from a trusted and reliable marijuana seed banks.
You Don’t Have Any Other Option
As mentioned above, some states in the US still don’t allow local buying and selling of marijuana, even if medical marijuana consumption has already gained momentum. If…
Online Dispensary Sales Boom – What Consumers Need to Know to Stay Safe…
Why the ACMPR Is So Popular with Medical Marijuana Patients in Canada
Decision Diagnostics Corp (OTCMKTS:DECN) Explodes On COVID-19 Test Kit Opportunity
Is CytoDyn Inc. (OTCMKTS:CYDY) A Buy?
Why Buy From Marijuana Seed Banks?
What Do Investors See In Medical Marijuana Stock (OTCMKTS:MJNA)?
Rainmaker Worldwide Inc (OTCMKTS:RAKR) Looking For Bagholders
Is Tilray Inc (NASDAQ:TLRY) A Buy Or Sell?
Is Cronos Stock (TSE:CRON)(NASDAQ:CRON) A Buy?
Is Neptune Wellness Solutions Inc (TSE:NEPT)(NASDAQ:NEPT) A Good Bet Right Now?
Is CytoDyn Inc. (OTCMKTS:CYDY) A Buy?
Helix TCS Inc (OTCMKTS: HLIX) Becoming a Cannabis Powerhouse Slowly But Steadily
5 Marijuana Stocks To Own In 2020 and Why
Why OWC Pharmaceutical Research Corp (OTCMKTS:OWCP) Is A Promising Stock In 2020
Aurora Cannabis Inc. (TSX:ACB) (NYSE:ACB): The Pain May Be Over
Planet 13 Stock (CNSX:PLTH) (OTCMKTS:PLNHF): Is It A Buy Or Sell?
CannTrust Holdings Inc (NYSE:CTST): A Blessing In Disguise?
GrowLife Stock (OTCMKTS:PHOT) Primed For Breakout And Here’s Why
Hemp Stock (OTCMKTS:HEMP) Climbing The Ladder
