ILLINOIS CANNABIS LAWS
Who can purchase cannabis in Illinois?
Illinois residents aged 21 and older can purchase adult use cannabis from licensed dispensaries with a valid government-issued photo ID (e.g. driver’s license, passport.) U.S. citizens from different states are also allowed to purchase and possess cannabis. Non-U.S. citizens are not allowed to buy, use, or possess any amount of cannabis.
Patients holding medical cannabis registry ID cards and their registered caregivers can purchase medical cannabis from licensed dispensaries.
Are there qualifying conditions for medical marijuana patients?
Yes. Patients must be diagnosed with a debilitating condition to qualify for a medical cannabis registry ID card in Illinois. You can find a list of debilitating conditions on the Illinois Department of Public Health’s website.
ILLINOIS RETAIL CANNABIS LICENSING
What state agency is in charge of retail cannabis licensing in Illinois?
The Illinois Department of Financial and Professional Regulation (IDFPR) is in charge of both adult use and medical retail cannabis licensing.
What are the application fees and costs for the Adult Use Cannabis Dispensing Organization License?
For a non-Social Equity applicant, there is a non-refundable application fee of $5,000. If approved, the fee for a two-year Adult Use Dispensing Organization License is $60,000.
For Social Equity applicants, the non-refundable application fee is $2,500. If approved, the fee for a two-year Adult Use Dispensing Organization License is $30,0000.
What are the application fees and costs for the Medical Cannabis Dispensing Organization License?
There is a non-refundable application fee of $5,000. If registered, the fee for the first year of registration is $30,000. The annual renewal fee for a dispensing organization registration is $25,000.
ILLINOIS CANNABIS TRACKING AND REPORTING
What is the official state cannabis verification system in Illinois?
BioTrack is Illinois’ official cannabis verification and monitoring system. Our cannabis and hemp traceability system has extensive tracking and reporting capabilities to assist state and local governments with enforcing regulations, collecting taxes, verifying product quality, and preventing illegal cannabis diversion and inversion.
What are the tracking and reporting requirements for cannabis retailers in Illinois?
A dispensary must establish an account with the state’s verification system that documents:
Each sales transaction at the time of sale and each day’s beginning inventory, acquisitions, sales, disposals, and ending inventory.
Acquisition of cannabis and cannabis-infused products from a licensed adult use or medical cultivation center, craft grower, infuser, or transporter.
The disposal of cannabis.
Additionally, a dispensary must reconcile, document, and balance inventory daily by confirming that the state’s verification system matches its own point-of-sale system and the amount of physical product at the dispensary.
A dispensary must also file an annual compilation report with the IDFPR, including a financial statement and any other requested documents.
What are the inventory control system requirements for cannabis retailers in Illinois?
The inventory point-of-sale system must be web-based, accessible to the IDFPR at any time, and maintain a real-time interface with the state’s verification system and the Illinois Cannabis Tracking System.
Is BioTrack compliant with Illinois’ cannabis tracking, reporting, and inventory control requirements?
Yes. Our extensive seed-to-sale software allows licensed operators to remain compliant while identifying key data points to streamline and optimize inventory management at each phase of the operation. Some of our features include:
- Automatic reporting to the state system
- Custom compliance-focused reporting
- Waste and destruction tracking
- Unique alphanumeric tags
- Transport manifests
- Real-time product recall information
- Compliant labels customized to your business
- Industry-leading security standards
- 24/7 access to real-time data, analytics, and reports
- Integration metrics