The trustees of the Buffalo Grove village approved the letter to be sent to the Office of Governor, JB Pritzker. In this letter, a request has been made to the authorities to expedite the setting up of a medical dispensary to allow Cresco to sell marijuana for recreational purposes. The letter specifically mentions the concern of trustees about the held up license of the company.
The whole scenario results in a loss of tax revenues that state and village are incurring for quite a long time now. Cresco Labs has been selling marijuana in the region since 2015. The company has got a license to sell its stuff in nearby communities; however, it is still pending for Buffalo Grove. According to the officials, the village has been waiting for the license for almost a year. It is quite perplexing as the authorities haven’t issued the license till now. The state has approved the Cannabis Regulation & Tax Act in 2019, and accordingly, villages enacted the zoning regulations to facilitate the setting up of two cannabis dispensaries in the region.
The existing medical dispensary of Cresco in the Buffalo Grove village was not suitable for the sales of marijuana for recreational purposes owing to its lack of space. Accordingly, Cresco decided to move to a new location fully approved by the village board members to allow the company to sell cannabis for both adult-use and medical purposes. The letter expresses the hope that the Office of the Governor will facilitate the resolution of the matter so that loss of revenue can be curbed as quickly as possible.
According to state law, facilities selling marijuana for medical purposes are not allowed to sell the cannabis for recreational one – if these facilities decide to relocate. This is applicable even if the community where they relocate remains the same. In all such cases, the company has to submit a new proposal to get the state’s approval.
