Illinois Gov. J.B. Pritzker (D) released his proposal to legalize REC. He said the state would have “the most equity-centric law in the nation.” The proposal could expunge an estimated 800,000 low-level convictions.
However, the bill has encountered headwinds:
- Police oppose the bill, but want a larger cut of the proceeds if it passes.
- A poll by anti-legalization group Smart Approaches to Marijuana found only two in five Illinoisans support legalization.
- Illinois would be the first state to legalize by statute, meaning it has written the law ahead of it passing. The bill is 522 pages long.
Crain’s Chicago Business
- State House Speaker Mike Madigan (D) said “passage is not guaranteed today.”
Capitol News Illinois
- Chicago’s pot companies can struggle to find landlords.
- Gov. Pritzker, an heir to the Hyatt Hotel fortune, ran on legalizing REC. His cousin Joseph “Joby” Pritzker runs the cannabis investment vehicle Tao Capital.
In Wisconsin, GOP lawmakers oppose MED legalization.