Condition authorities in Illinois declared last week that medical marijuana dispensaries are allowed to expand their business hours, after complaints which individuals are at a disadvantage since lawful recreational cannabis sales started this past year. The Illinois Department of Financial and Professional Regulation (IDFPR) also issued advice on prioritizing the requirements of medical marijuana patients to dispensaries with permits to sell cannabis for both recreational and medicinal purposes.
whenever the nation’s medical marijuana program was approved in 2013, cannabis dispensaries were restricted by Illinois law to run between the hours of 6 8 and pm p.m. But under adult-use cannabis legislation that went into effect on January 1, recreational marijuana dispensaries are allowed to stay open till 10 p.m. IDFPR Secretary Deborah Hagan stated in a release on Friday the discrepancy was being removed in the pursuit of serving patients’ needs.
“Serving medical cannabis patients has been at the center of our cannabis regulation,” said Hagan. “Our Department will keep on working to make sure patients get the degree of support they’ve come to expect from our medical cannabis program.”
Regulators Issue Guidance to Dispensaries
At a separate notice published on Thursday, IDFPR regulators issued advice to companies selling both medical and recreational marijuana on providing priority to individuals, noting that”cannabis dispensary places holding both permits are expected to prioritize Illinois qualifying patients, caregivers, provisional patients, along with Opioid Alternative Pilot Software participants”
Under state regulations, medical marijuana patients are allowed to get up to 2.5 ounces of cannabis every 2 months, whereas recreational earnings are restricted to buying one ounce at a time. But because recreational earnings began at the start of the calendar year, the country was plagued with shortages of several cannabis products, causing several retailers to impose tighter buy limits on both recreational and medical customers.
Beneath the guidelines released a week, dispensaries serving the two adult-use clients and medical marijuana patients have been advised that any purchase limitations should be 2.5 times greater for medical patients compared to those for recreational clients. Dispensaries were educated that if patients were current, they ought to keep a minumum of one point-of-sale channel exclusively for individuals for each five channels serving recreational clients.
Though cultivators cover a 7 percent tax on all retail trades, medical marijuana patients are exempted from added revenue taxes of 10percent to 25percent imposed on recreational marijuana. Beneath the newest IDFPR guidelines, retailers were advised that medical marijuana patients must be permitted to buy any of the merchandise in the dispensary’s stock in the health care tax fee. Designating any merchandise as just for adult-use isn’t allowed.
As of last month, almost 100,000 Illinois residents are accepted by the country as qualified medical marijuana patients. Medical cannabis earnings in the country totaled over $27 million in December, the latest month for which this information can be obtained.