On March 20, 2018, during a state primary voting cycle, Cook County (which includes the city of Chicago) residents voted on a non-binding referendum addressing the legalization of recreational cannabis in the State of Illinois. READ MORE
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On March 20, 2018, during a state primary voting cycle, Cook County (which includes the city of Chicago) residents voted on a non-binding referendum addressing the legalization of recreational cannabis in the State of Illinois. READ MORE
Despite a recent setback for the cannabis industry at the federal level, an Illinois judge has ordered that intractable pain be added to the state's list of conditions approved for medical cannabis treatment, potentially widening the patient pool for cannabis. READ MORE
Overall, industry experts are predicting that the size of the national market for legalized cannabis will exceed the November 2010 predictions of Harvard economist (and Cato Institute affiliate) Jeffrey Miron, who previously put the size of the marijuana market at $14 billion. READ MORE
Cannabis industry hopefuls in Illinois are poised to begin the application process after the three state agencies administering Illinois’ medical marijuana law released long-awaited metrics on Aug. 8. READ MORE
Thompson Coburn advises clients on state laws governing the business of cannabis to facilitate compliance with those state laws. Federal laws concerning cannabis currently conflict with state laws in states that have legalized cannabis or possession of cannabis. Although federal enforcement policy may at times defer to these states’ laws and not enforce conflicting federal laws, interested businesses and individuals should be aware that compliance with state law in no way assures compliance with federal law, and there is a risk that conflicting federal laws may be enforced in the future. In addition to this Cannabis-specific note, readers should review Thompson Coburn’s Conditions of Use / Disclaimers page containing other important information.
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