As recreational marijuana use saw spreading acceptance across the country, we knew it was only a matter of time until Illinois joined the growing green wave. When it happened, this development would bring legal complications and opportunities for small businesses across the state, and this community would need help navigating the grey areas. With recreational marijuana now legal in Illinois, that time is here.
Enter the Chicago Cannabis Law Group. Our mission: Bring affordable, accessible legal services to the many businesses that want to take advantage of this vast new marketplace. We supplement years of practice in Illinois business law with on-the-ground experience in the cannabis industry, a combination that you won’t find anywhere else. With personal, responsive service, we can help you prepare for the future like no other law group.
While the legalization of recreational marijuana in Illinois creates many possibilities, it also means a lot more confusion and a lot less clarity for your business.
G & G Law, Chicago’s premiere small business law firm, brings their knowledge of every step of a company’s growth, from formation to exit. They handle entity formation, buying and selling, contract reviews, trademark filing, and more, and will do the same for the Chicago Cannabis Law Group’s clients.
Michelle Green, owner of G & G Law, founded her firm when, after starting a tutoring business with her husband, she found a complete dearth of legal advice available to the small business community. As an attorney, she understands the underappreciated importance of these services; as a business owner, she knows the need for simple solutions that work. Michelle created G & G Law to bridge the gap between the two, implementing technology and unique fee structures to offer efficient and effective service to her clients. With the marijuana industry and regulations still in their infancy, her nimble, cutting-edge approach enables the Chicago Cannabis Law Group to help you adapt to the inevitable legal changes.
Katie Rinkus joined G & G Law in September 2018, drawn by their mission to bring their expertise to the underserved small businesses of Chicago. Since then, she has taken lead on company formations, partnership documents, mergers/acquisitions, and more, and closely followed Illinois’s marijuana legislation as it evolved. Her commitment to finding practical solutions serves her clients well.
Scott F. Roberts, PLC, provides incisive insight into what it takes to run a marijuana business. He has helped numerous small businesses expand their practices and check their regulatory compliance since Michigan legalized medical marijuana in 2016. In addition, he has presented on recreational marijuana at 420 Canna Expo and CannaCon, and is excited to share his knowledge with Illinois entrepreneurs.
You don’t have time to read through and pick apart the entire bill, which weighs in at over 400 pages. Fortunately for you, Chicago Cannabis Law Group is on the case! Illinois’s law stands apart from others of its kind. It’s the first in the country to pass via the legislative process, rather than by a ballot initiative. It pays special attention to areas (mostly minority communities) disproportionately impacted by marijuana-related convictions, a consideration absent in other states’ legalization movements.
Most importantly to our mission, the legislation specifically empowers small businesses and puts marijuana-minded entrepreneurs in an especially advantageous position. It bars large-scale operations from entering and dominating the Illinois marketplace, instead promoting small dispensaries and “craft growers” (i.e. operations licensed to grow and process cannabis, with up to 5,000 square feet of canopy space; this limit may be increased to 14,000 square feet on a case-by-case basis).
While the law spells definite change for businesses explicitly in the cannabis field – dispensaries, craft growers, processors, etc. – it may have unexpected ramifications for other industries as well. Existing companies will need to amend their operating agreements, bylaws, and other business documents to address the new limits of their practices. Employers across the board will need to understand what this means for substance use at work and adjust their policies and procedures accordingly.
Whether you’re looking to stake your claim, expand your current practice, or want to ensure you are complying with the law, the Chicago Cannabis Law Group is here to help. Illinois’s future is fertile – let’s grow it together.