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'Incredibly unfun' pot industry in Illinois is missing out. Here's how that could change

"People want to smoke marijuana in places that they couldn’t before because it was taboo and illegal," a cannabis consultant told the Sun-Times. "Just like a bar, just like coffee, this a huge experiential thing." ....

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Chicago pot giants GTI, Verano quietly team up in joint venture

Ashlee Rezin Garcia/Sun-Times
Two Chicago-based firms that have emerged as major players in the country’s increasingly competitive cannabis industry are partnered together in a company that owns two Illinois dispensaries.
Subsidiaries of Green Thumb Industries and Verano Holdings are the registered managers of ILDISP LLC, according to records kept by the Illinois secretary of state’s office. That shell company is listed as the sole manager of NH Medicinal Dispensaries LLC, which holds the licenses for GTI’s Rise dispensary in Effingham and Verano’s Zen Leaf pot shop in Charleston.
The owners of both companies were some of the first to cash in when Illinois legalized medical marijuana in 2015. Since then, their respective businesses have blossomed into multibillion-dollar behemoths, with retail and cultivation operations spread across multiple states. ....

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State's weed windfall from taxes rivals booze haul — and could surpass it next year

Pat Nabong/Sun-Times, Pat Nabong/Sun-Times
Amid skyrocketing demand for legal weed in Illinois, statewide tax receipts from recreational pot sales are now rivaling those from booze.
November’s tax revenues from adult-use cannabis, which reflect the record $75.28 million in sales tallied in October, reached nearly $22.88 million, according to figures released by the Illinois Department of Revenue.
That’s less than $3 million shy of the roughly $25.74 million in taxes collected through alcohol sales last month. That’s the smallest deficit since recreational marijuana was legalized in January.
Pot sales have skyrocketed in the 11 months since the drug was fully legalized, resulting in an almost steady increase in monthly returns for the state, according to a Sun-Times analysis. Taxes have pumped nearly $153 million into the state’s cash-strapped coffers, including nearly $100 million in the past five months. ....

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