Social Equity Applicants in Illinois Cannabis Industry

Send us Fan MailSocial Equity is so big in Illinois Cannabis law that it has its own article, Article 7 of the new law.https://www.cannabisindustrylawyer.com/social-equity-applicants-illinois-cannabis-legalization/“Social Equity Applicant” means an applicant that is an Illinois resident that meets one of the following criteria:(1) an applicant with at least 51% ownership and control by one or more individuals who have resided for at least 5 of the preceding 10 years in a Disproportionately Impacted Area;(2) an applicant with at least 51% ownership and control by one or more individuals who:(i) have been arrested for, convicted of, or adjudicated delinquent for any offense that iseligible for expungement under this Act; or(ii) is a member of an impacted family;(3) for applicants with a minimum of 10 full-time employees, an applicant with at least 51% of current employees who:(i) currently reside in a Disproportionately Impacted Area; or(ii) have been arrested for, convicted of, or adjudicated delinquent for any offense that is eligible for expungement under this Act or member of an impacted family.Support the showSupport the showGet our newsletter: https://bit.ly/3VEn9vu