IDFPR Cracking Down: PLLC vs. LLC

PLLCs now required. Professionals licensed by the IDFPR: there has been a major change to the LLC statute in Illinois. It likely affects you and your business. Previously, licensed professionals were able to form their businesses as LLCs. Now, these businesses must register as a Professional LLC (PLLC). This change went largely unenforced, but no longer. Attention IDFPR Licensed [...]

Social Equity Status is All or Nothing, IDFPR Clarifies

(date: November 4th, 2019) The Illinois Department of Financial and Professional Regulation (IDFPR), the arm of the government in charge of licensing cannabis dispensaries, recently compiled and published their answers to the questions they have received about the application process. The law leaves many issues unresolved, and this resource clarifies a lot of them. One of the key parts [...]

Recreational Dispensary Applications in Illinois

(date: July 24, 2019)   Anyone wishing to break into Illinois’s new recreational marijuana industry should start preparing to apply for an operational license as soon as possible. Knowing when to apply and how the State will score applicants improves your chances of getting a license. Here is what we know about the process so far:   Applications must [...]

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