The lawsuit filed Monday in Cook County by GRI Holdings, awith deep ties to state government, alleges the proposed Consume Cannabis dispensary at 605 N. Clark St. violates state law by opening within 1,500 feet of its Green Rose Dispensary at 612 N. Wells St.
But the suit claims the exception — that social equity pot shops can open right next to each other — is a misinterpretation of the state law by the Illinois Department of Financial and Professional Regulation, which issues state cannabis licenses and is named as a defendant. The law "was never envisioned to permit social equity licensees to set up within 1,500 feet of each other, as this would likely foster an overly competitive environment that could hamper the growth and success of these new enterprises. This crucial distinction seems to have been overlooked in the current guidance," the lawmakers wrote.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: ABC7Chicago - 🏆 284. / 63 Read more »
Source: physorg_com - 🏆 388. / 55 Read more »
Source: KING5Seattle - 🏆 457. / 53 Read more »
Source: therealautoblog - 🏆 528. / 51 Read more »
Source: Covers - 🏆 341. / 59 Read more »
Source: FOXSports - 🏆 280. / 63 Read more »