Illinois Poised To Legalize Sales Of Recreational Marijuana

Recreational marijuana will be legal in Illinois starting January 1st! But that doesn't mean you'll be able to purchase marijuana everywhere you go. Some local government are just saying no to recreational weed and banning the sale of cannabis within their municipal boundaries. Bob McCoppin, reporter at The Chicago Tribune, joined Cheddar to discuss.

Illinois is rolling in the green. The state generated more than 10 million dollars in its first five days of legal recreational sales, with dispensaries across Illinois render more than 200 thousand transactions over the same time period. Cresco Labs, one Illinois' leading cannabis operators, served more than three thousand customers on the first day of opening, including the state's very first ever adult use cannabis customer. Joe Caltabiano, Co-Founder and President at Cresco Labs, joined Cheddar to discuss.

Weed will be legal in Illinois on January 1st, 2020. The Land of Lincoln will become the 11th state to legalize the sale and use of recreational cannabis for people over the age of 21. The state is also helping minority entrepreneurs get into the cannabis industry, in an attempt to keep it from being immediately gentrified. Ben Kolver, CEO of Green Thumb Industries, joined Cheddar to discuss.