Illinois Administrative Code › Title 8 - AGRICULTURE AND ANIMALS › Part 1300 - CANNABIS REGULATION AND TAX ACT › Subpart B - ADULT USE CULTIVATION CENTERS › Section 1300.100 - Application, Selection, and Operation of Early Adult Use Cultivation Center License

Current through Register Vol. 48, No. 28, July 12, 2024
a)
A medical cannabis cultivation center seeking issuance of an Early
				Approval Adult Use Cultivation Center License shall submit an application on
				forms provided by the Department of Agriculture. The application must meet or
				include the following qualifications:
1)
Payment of a nonrefundable
				application fee of $100,000
, unless the applicant is eligible for a
				fee waiver pursuant to Section 7-20 of the Act
;
2)
Proof of registration as a medical
				cannabis cultivation center that is in good standing;
3)
Submission of the application by
				the same person or entity that holds the medical cannabis cultivation center
				registration;
4)
Certification that the applicant will comply with the requirements of
				Section 20-30 of the Act;
5)
The legal name of the cultivation
				center;
6)
The
				physical address of the cultivation center;
7)
The name, address, social security
				number and date of birth of each principal officer and board member of the
				cultivation center; each of those individuals shall be at least 21 years of
				age;
8)
A
				nonrefundable Cannabis Business Development Fee equal to 5% of the cultivation
				center's total sales between June 1, 2018 to June 1, 2019 or $750,000,
				whichever is less, but not less than $250,000, to be deposited into the
				Cannabis Business Development Fund; and
9)
A commitment to completing one of
				the Social Equity Inclusion Plans before the expiration of the Early Approval
				License:
A)
A contribution
				of 5% of the cultivation center's total sales from June 1, 2018 to June 1,
				2019, or $100,000, whichever is less, to one of the following:
i)
The Cannabis Business Development
				Fund. This is in addition to the fee required by
subsection
				(a)(8)
;
ii)
A cannabis industry training or education program at an Illinois
				community college, as defined in the Public Community College
				Act;
iii)
A
				program that provides job training services to persons recently incarcerated or
				that operates in a Disproportionately Impacted Area.
B)
Participate, for at
				least one year, as a host in a cannabis business incubator program approved by
				the Department of Commerce and Economic Opportunity, and in which an Early
				Approval License holder agrees to provide a loan of at least $100,000 and
				mentorship to incubate a licensee that qualifies as a Social Equity Applicant.
				As used in this Section, "incubate" means providing direct financial assistance
				and training necessary to engage in licensed cannabis industry activity similar
				to that of the host licensee. The Early Approval License holder or the same
				entity holding any other licenses issued pursuant to the Act shall not take an
				ownership stake of greater than 10% in any business receiving incubation
				services to comply with this subsection
(a)(9)(B)
. If an Early
				Approval License holder fails to find a business to incubate to comply with
				this subsection
(a)(9)(B)
before its Early Approval License
				expires, it may opt to meet the requirements of this subsection by completing
				another item from this subsection prior to the expiration of its Early Approval
				License to avoid a penalty.
[410
				ILCS 705/20-10(b)]