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HEMP BAN: Federal intoxicating-hemp ban takes effect Dec 11, 2026 β€” consumer migration to licensed markets expectedFEDERAL: Schedule III rescheduling in progress β€” 280E relief expected late 2026FEDERAL RISK INDEX: 37/100 (LOW) β€” rescheduling momentum growingVA: Adult-use retail launches Jul 1, 2027 β€” license applications open Feb 1, 2027IL: SB 3222 omnibus signed β€” possession limits doubled, intoxicating hemp moves to dispensaries Nov 12MI: 24% wholesale tax challenged in court β€” repeal bill SB 810 pending in committeeCA: Cannabis excise tax locked at 15% through July 2028 per AB 564NJ: Cannabis consumption lounges now open in Atlantic City, Newark, MerchantvilleMN: Omnibus Cannabis Act signed β€” hemp-to-cannabis license bridge ahead of federal banOK: Governor pushes to eliminate medical program β€” bipartisan opposition buildingHEMP BAN: Federal intoxicating-hemp ban takes effect Dec 11, 2026 β€” consumer migration to licensed markets expectedFEDERAL: Schedule III rescheduling in progress β€” 280E relief expected late 2026FEDERAL RISK INDEX: 37/100 (LOW) β€” rescheduling momentum growingVA: Adult-use retail launches Jul 1, 2027 β€” license applications open Feb 1, 2027IL: SB 3222 omnibus signed β€” possession limits doubled, intoxicating hemp moves to dispensaries Nov 12MI: 24% wholesale tax challenged in court β€” repeal bill SB 810 pending in committeeCA: Cannabis excise tax locked at 15% through July 2028 per AB 564NJ: Cannabis consumption lounges now open in Atlantic City, Newark, MerchantvilleMN: Omnibus Cannabis Act signed β€” hemp-to-cannabis license bridge ahead of federal banOK: Governor pushes to eliminate medical program β€” bipartisan opposition building
IL SB2654Introducedas of 2025-04-29

CANNABIS MERGER

Plain-English summary

What happened: Illinois cannabis merger bill has been filed with the Secretary by Sen. Kimberly A. Lightford; full details of the bill's provisions are not specified in the title.

Why it matters: Merger-related cannabis legislation could affect ownership structures, license consolidation, and market competition among cannabis operators in Illinois.

Affects: cultivators and retailers and labs

LATEST ACTION: Filed with Secretary by Sen. Kimberly A. Lightford
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Legislative data via LegiScan, licensed under CC BY 4.0. Summaries and categorization by CannaSignal. Regulatory information, not legal advice.