Marijuana Business Factbook 2019

73 © Copyright 2020, Marijuana Business Daily , a division of Anne Holland Ventures Inc. You may NOT copy this Factbook, or make public the data and facts contained herein, in part or in whole. For more copies or editorial permissions, contact CustomerService@MJBizDaily.com or call (720) 213-5992, ext. 1. State-By-State: Legal Overview, Market Data and Outlook | Chapter 2 MJBIZDAILY.COM ILLINOIS Recreational REGULATORY OVERVIEW Main measure House Bill 1438 Type of measure Legislative bill Year passed 2019 Margin of victory 66 to 47 in the House, 38 to 17 in the Senate Possession limit For Illinois residents: – 30 grams of flower; – 5 grams of cannabis concentrate; – No more than 500 milligrams of THC contained in a cannabis-infused product For non-Illinois residents: – 15 grams of flower; – 2.5 grams of cannabis concentrates – No more than 250 milligrams of THC contained in a cannabis infused product In all cases, possession limits are to be considered cumulative Home cultivation Only allowed for MMJ patients Restrictions on type of marijuana allowed to be sold? None Business regulations Very heavy. Illinois is a complex market for businesses to navigate. The state has implemented caps on the number of dispensaries and cultivation sites allowed to operate, and licensing fees are pricey. Strict rules govern nearly all aspects of business operations, including location, security, inventory tracking and testing.