List of Services
- Corporate Entity Creation
- Recreational Use Application Assistance
- Copyright Registration
- Trademark Registration
- Business Licensing
- Business Planning and Organization
- Financing Options
- Contract Drafting and Review (including licensing agreements and work for hire contracts)
- Accounting Assistance (via Chicago Cannabis Accountant)
A Summary of the Cannabis License Options in Illinois
For new entrants to the adult use cannabis market
License types (the fees provided below are fees charged by the State of Illinois and do not include any legal fees associated with completing and/or submitting an application).
- Cultivation centers ; Fees: Non-refundable application fee $5,000 and License fee $100,000 (if awarded)
- Craft growers; Fees: Non-refundable application fee $5,000 and License fee $40,000 (if awarded)
- Processors; Fees: Non-refundable application fee $5,000 and License fee $40,000 (if awarded)
- Transporting organizations; Fees: Non-refundable application fee $5,000 and License fee $10,000 (if awarded)
- Dispensing organizations ; Fees: Non-refundable application fee $5,000 and License fee $30,000 (if awarded)
Timeline
WAVE 1
• Department of Financial and Professional Regulation o May 1, 2020: The agency awards licenses for up to 75 new dispensing organizations
• Department of Agriculture o July 1, 2020: The agency awards up to 40 licenses for processors, up to 40 licenses for craft growers, and licenses for transporting organizations.
WAVE 2
• Department of Financial and Professional Regulation o December 21, 2021: The agency awards up to 110 licenses for new dispensing organizations
• Department of Agriculture o December 21, 2021: The agency awards up to 60 licenses for craft growers, up to 60 licenses for processors, and licenses for transporting organizations.