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The cannabis dispensaries in Northern Illinois are pathetic...
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2020-01-18 at 10:31 PM UTCLong lines, overpriced products, depleted products...folks, why cant Illinois do anything right? This state leaves a whole lot to be desired
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2020-01-18 at 10:31 PM UTCFolks?
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2020-01-18 at 10:35 PM UTClol at the angry edit
Chill out, it just became legal. It'll take some time for things to get rolling. It doesn't help that the marijuana laws in IL are corrupt as fuck. -
2020-01-18 at 10:37 PM UTCIllinois is fucked! Wont be long until you will have to pay a big departure tax if you want to move out of that fucked state. Get out while you can.The following users say it would be alright if the author of this post didn't die in a fire!
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2020-01-18 at 10:39 PM UTC
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2020-01-18 at 10:40 PM UTC
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2020-01-18 at 11:17 PM UTC
Originally posted by WellHung Why are they corrupt as fuck?
Because the laws are super fucked up and geared towards only letting corporations engage in the industry.
Want to grow? 100,000 non refundable application fee and 5% of your profits for the first year. This is in addition to the insane taxes.
The licenses for shops were given out AT BIDDINGS. You need something ridiculous like a 200k dept of agriculture bond and 500k verified in the bank. License APPLICATION was like 30k non refundable and I think the licenses started at like 100k. They're also cornholing the licenses and giving out very small amounts so that they retain value and they can sell for more at bidding. Renewing your license is 60k a year.
That's why there's so few shops right now, with so little product. They only gave out 75 licenses. They'll be adding more in May, and a whopping 40 grower licenses in July.
The tax is also insane. In addition to sales tax, you can expect to pay an extra 10% tax on your buds, 20% on your edibles, and 25% on concentrates over 35% in potency.
Let's say you're buying $20 of alcohol. You decide on a 750ml bottle of liquor. You'd pay (at least) 6.5% sales tax in addition to the $8.55/gallon alcohol tax. You'd pay about $23.40 for that handle.
Now let's say you're buying $20 of wax. Not that you'd actually be able to spend so little but anyway... That's 31.5% in tax. You'd pay about $26.30
Compare this to California which has a 7.25% sales tax minimum and a 15% sales tax on all marijuana products regardless of potency. Their liquor sales tax is about $3.30/gallon.
Vice tax is a real bitch here. -
2020-01-18 at 11:20 PM UTCNo lie, get out while you can.
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2020-01-19 at 12:11 AM UTC
Originally posted by MexicanMasterRace Want to grow? 100,000 non refundable application fee and 5% of your profits for the first year. This is in addition to the insane taxes.
The licenses for shops were given out AT BIDDINGS. You need something ridiculous like a 200k dept of agriculture bond and 500k verified in the bank. License APPLICATION was like 30k non refundable and I think the licenses started at like 100k. They're also cornholing the licenses and giving out very small amounts so that they retain value and they can sell for more at bidding. Renewing your license is 60k a year.
LMAO all that just to stop black people from being able to compete. -
2020-01-19 at 12:15 AM UTCILL BUY ILLEGAL STREET WEED TIL THE DAY I DIE, NIGGGUUHHThe following users say it would be alright if the author of this post didn't die in a fire!
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2020-01-19 at 12:21 AM UTC
Originally posted by Star Trek VI: The Undiscovered Country LMAO all that just to stop black people from being able to compete.
Its the most expensive legal cannabis system in the US lol.
By comparison the application is 1k in California and if you get approved the licensing fee is 4k-120k based on the scope of your operation. It's so blatantly corrupt. Wouldn't be surprised if Pritzker becomes gov #7 to go to prison. -
2020-01-20 at 4 AM UTCFolk?
