If recreational cannabis becomes legal in Illinois, how the industry could grow

No one predicts pot brownies for sale in every grocery store if recreational adult use of cannabis is approved by the Illinois legislature.

But experts and industry insiders anticipate plenty of opportunities for businesses to get involved in what could be a new legal market for an already popular product.

Business possibilities will expand beyond growing, processing, packaging and selling cannabis into education, health care, science, research, construction, banking, accounting, legal services and other ancillary fields.

Companies entering the fray will have to comply with government regulations and taxes that are yet to be written and likely will vary from those applied to the medical branch of the industry. Experts predict these rules will be the biggest limiting factor in what could be an economic boom.

While not everyone supports the legalization of recreational cannabis, it’s on Gov. J.B. Pritzker’s agenda and has been pitched

... read more at: https://www.dailyherald.com/business/20190316/if-recreational-cannabis-becomes-legal-in-illinois-how-the-industry-could-grow

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