* Some background is here if you need it. From an IDFPR email to reporters…
A number of you have asked to be updated on the date of the lottery. Here is the latest update.
“The final date for the lottery for adult-use cannabis licenses had not been set as of today. As we continue to review questions that have been raised, our goal is to provide time to ensure that the process is fair and equitable. A date for the lottery will be announced by IDFPR.”
Paul A. Isaac
Illinois Department of Financial and Professional Regulation
Two Democratic legislators penned a letter to Gov. J.B. Pritzker on Sunday proposing a compromise to the potential legal standoff over the upcoming lottery for the next batch of pot shop licenses.
In pitching the plan to Pritzker, state Reps. La Shawn Ford, of Chicago, and Kathleen Willis, of Northlake, said the attorneys representing dozens of losing firms would drop a federal lawsuit seeking to halt this month’s lottery for the 75 new pot shop licenses.
In return, the Pritzker administration would need to give all losing applicants a chance to remedy discrepancies in their applications and address possible scoring inconsistencies.
Just 21 firms qualified for the lottery after submitting perfect applications. Though some of the applicants are clouted and seemingly well capitalized, they all qualified as so-called social equity applicants, a designation created to bolster diversity participation in the overwhelmingly white pot industry.
“As we suspect you have heard from many others, virtually no one is happy with how this is unfolding,” Ford and Willis said of the grading process, which has incensed other social equity applicants who invested considerable resources only to have their prospects go up in smoke.