Canton medical marijuana shop can sell recreation pot – News – Canton Daily Ledger – Canton, ILPosted by On


CANTON —  A Canton medical-marijuana dispensary is one of five sites in Illinois approved to sell recreational cannabis next year, the state announced Thursday.

Salveo Health & Wellness Dispensary, 3104 N. Main St., was the only central Illinois site given the OK to sell recreational pot as of Jan. 1, the Illinois Department of Financial and Professional Regulation said Thursday. The business has been granted one of five same-site cannabis licenses, which will allow existing dispensaries to sell pot according to local zoning codes, the department said.

The Canton City Council unanimously approved zoning for recreational cannabis sales Aug. 6, according to WCBU-FM. The city will charge a $10,000 licensing fee and assess a 3 percent additional sales tax allowed on recreational cannabis under state law. 

To the state, existing dispensaries will have to pay $30,000 to apply for a license to sell both medical and recreational weed at a single location, according to the Chicago Sun-Times. A dispensary will then have to pay $100,000 or 3 percent of yearly sales to the cannabis business development fund, which will help subsidize licensing fees and loans for people of color looking to get into the industry. Medical marijuana shops can also seek to an additional license to sell recreational marijuana at another location by paying another $30,000 application fee and putting $200,000 more into the business development fund. 

Starting Jan. 1, Illinois residents can legally possess up to 30 grams of cannabis flower and up to 5 grams of cannabis concentrate. Registered patients in the medical cannabis pilot program may possess more than 30 grams of cannabis if it is grown and secured in their residence under certain conditions.

Also granted same-site approval Thursday were The Clinic Mundelein in Mundelein, 3C Compassionate Care Center in Joliet, 3C Compassionate Care Center in Naperville and The Clinic Effingham in Effingham.

 

 

 

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