Home Local Cannabis industry in Illinois sees increasing minority ownership — but delayed startups say they may have to sell out

Cannabis industry in Illinois sees increasing minority ownership — but delayed startups say they may have to sell out

by staff

At least half of 118 new licenses issued for craft growers, infusers and transporters have gone to companies majority-owned by nonwhite applicants, in contrast to the previous all-white ownership, said Danielle Perry, the state’s cannabis regulation oversight officer. Forty-three percent of the Department of Agriculture licensees are black-owned, 10% by Latinos, 9% by coalitions of people of color and 4% by Asians, she said.

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