With license delays persisting and Illinois legislative session ending, situation called 'dire' for some marijuana entrepreneurs

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With license delays persisting and Illinois legislative session ending, situation called 'dire' for some marijuana entrepreneurs
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The State of Illinois made $131 million last month alone in legal weed sales – but none of that marijuana was grown or produced by new state license winners trying to break into the industry.

can't afford to hold on any longer.

"You know, the last thing that Illinois wants is for investors to lose interest in Black and Brown companies because it just took so long that maybe some of the opportunity was missed," said Akele Parnell. "People who have licenses right now need to know if they can build for that capacity," said Edie Moore,That is just one of the holdups right now in Springfield. With the legislative session wrapping this week, it's closing time.

"They're discouraged. They're going broke. Teams are falling apart," Moore said. It's hard to find capital, because they're going to other states like New Jersey and New York.""The whole premise of legalizing was to repair the harms for those mostly impacted by the war on drugs - and those are the very people that are still being locked out," he said.

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