Illinois Medical Marijuana Market Worth $36 Million in 2016 | NBC Chicago
Ward Room
Covering Chicago's nine political influencers

Illinois Medical Marijuana Market Worth $36 Million in 2016



    Patients aren't the only ones disappointed by delays in the Illinois medical marijuana program. A newly released report says investors are watching their hopes for financial returns fade, at least for this year.

    A market research group tells investors to expect the 2015 Illinois market to be worth $5.7 million because of delays. The report from ArcView Market Research sees the market expanding to $36 million in 2016 as the program gets off the ground.
    Company CEO Troy Dayton says Illinois Gov. Bruce Rauner's plan to conduct a legal review of the program and former Gov. Pat Quinn's failure to award business licenses before leaving office affect the numbers.
    Peter Schweda of Downers Grove is a partner in an Illinois cultivation center business. He says investors are getting cold feet.

    Medical Marijuana Mess in Illinois

    [CHI] Medical Marijuana Mess in Illinois
    NBC 5 Investigates the medical marijuana mess in Illinois. While medical marijuana is now legal, everyone who wants to grow it, sell it, or use it continues to wait. Governor Quinn promised to issue licenses by the end of the year but did not and now we learn the list of who should get them strangely kept changing. NBC Chicago’s Phil Rogers has been on top of the story since the beginning.
    (Published Monday, Jan. 26, 2015)