MedMen buying into Illinois. But to me the bigger story is that the upcoming gubernatorial race is about cannabis legalization in Illinois…
Chicago Tribune:
The sale is timely because Gov. Bruce Rauner last month signed into law a measure allowing any patient who would qualify for an opioid painkiller prescription to also qualify for medical marijuana. The new law also eliminated requirements for fingerprints and criminal background checks. Those changes are expected to greatly expand a market that had about 44,000 certified customers and $12 million in monthly sales as of August.
In addition, industry leaders expect Illinois lawmakers to legalize marijuana for recreational use next year if Democrat J.B. Pritzker wins this November’s election for governor. Pritzker supports allowing and taxing adult use, while Rauner, a Republican, opposes it.
(click here to continue reading With Illinois medical pot market poised to expand, high-profile national chain is buying Oak Park dispensary – Chicago Tribune.)
J.B. Pritzker is not my favorite politician by any metric, but Rauner is horrible, and he doesn’t deserve another term.