Illinois becomes the 11th state to legalize recreational marijuana - now what?
With attempts to legalize marijuana stalled in both New York and New Jersey, Illinois has moved to the head of the line to become the 11th state in the U.S. to legalize the recreational use of marijuana by adults age 21 and over, and only the second state to do so via an act of the legislature after Vermont broke the ice last year. Recreational sales are scheduled to commence on January 1, 2020. So what’s next for the state’s industry? What happens to the state’s burgeoning medical marijuana program? And just how big is the combined Illinois marijuana market expected to get?