How do I open a dispensary in Chicago?

How do I open a dispensary in Chicago?

  1. The application for a Dispensary License requires a nonrefundable application fee of $30,000. Once awarded a license, an annual registration/renewal fee of $60,000 is required.
  2. The Department is to award up to 110 additional Adult Use Dispensing Organization Licenses by December 21, 2021.

How much is a dispensary license in Illinois?

What are the application fees and licence costs for an adult-use cannabis retail license in Illinois? For a regular (non-Social Equity) applicant, there is a non-refundable application fee of $5000. If approved, the cost for an Adult Use Dispensing Organization License is $60,000 for 2 years.

How many locations does Trulieve?

Trulieve is committed to growing its dispensary footprint in the state, constantly identifying new locations that will bring Trulieve closer to patients, allowing many more people to have easier access to the medicine they need. The Company has 78 stores in Florida, and 83 nationwide, with more growth ahead.

Where is Cresco Labs headquartered?

Chicago, Illinois, United States

Does Cresco labs own Sunnyside?

Cresco Labs’s first national retail brand, Sunnyside*®, represents a new kind of cannabis shop, designed to help broaden the spectrum of wellness to include cannabis.

What is pinx?

Pink sheets is a daily publication of bid-ask stock quotations for companies unable or unwilling, for one reason or another, to be listed on a major, national exchange. The pink sheets name came about because the paper the quotes were printed on was pink.

What does OTC on Pocket mean?

OTC options are exotic options that trade in the over-the-counter market rather than on a formal exchange like exchange traded option contracts.

Do futures trade OTC?

An over the counter (OTC) derivative is a financial contract that is arranged between two counterparties but with minimal intermediation or regulation. As an example, a forward and a futures contract both can represent the same underlying, but the former is OTC while the latter is exchange-traded.

Are swaps OTC or exchange traded?

Unlike most standardized options and futures contracts, swaps are not exchange-traded instruments. Instead, swaps are customized contracts that are traded in the over-the-counter (OTC) market between private parties.

How are OTC options priced?

From a quant or traders perspective, pricing in the OTC option market is a function of the replicability of the sold/bought position where the price is based on the availability and cost of underlying instruments, together with a residual margin for profit.