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Some estimate the expansion could bring in up to 365,000 new patients into the medical marijuana program generating an additional $425 million in revenue for the state. [21] On August 12, 2019 Governor J. B. Pritzker signed into law legislation that once again expands Illinois' medical cannabis program and also makes it permanent. [22]
The Illinois Department of Financial and Professional Regulation was created on July 1, 2004. It is responsible for the regulation, oversight, and licensure of almost 300 different types of professional licenses and financial institutions. The current director ("Secretary") of this department is Mario Treto, Jr.
The purpose of the act was to prohibit all non-medical use of cannabis in the U.S.; however, it also had the effect of severely curtailing medical use of the drug, due to new fees and regulatory requirements put in place that imposed a significant burden on doctors prescribing cannabis. [13]
A new study released by Health Affairs breaks down how medical marijuana has affected other medicine costs. Medicare prescription costs drop after medical marijuana legalized Skip to main content
Was the Department of Health Division of Medical Marijuana and Integrative Therapy until October 1, 2020; [6] medical cannabis only – there is no regulatory agency for other use. [a] Puerto Rico Medical Cannabis Regulatory Board (a division of the Puerto Rico Department of Health). The Board was created in 2017 under the MEDICINAL Act of 2017 ...
The bill contains social equity provisions, including license application benefits for social equity applicants and $12,000,000 in funding for social equity programs. [ 16 ] The bill allows for local communities to decide whether or not to allow cannabis-related businesses, collect additional taxes, and establish zoning requirements.
The law reserves 40 cultivation licenses and 50 dispensary licenses for these operators and provides them with grants, loans, technical assistance and reduced license and application fees.
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