Some of the people who sell medical marijuana in Illinois may not make it until the end of the year.
John Kagia,the director of industry analytics for medical marijuana research firm New Frontier, said some dispensary operators have told him Illinois’ 6,600 customers statewide isn’t enough to support their businesses.
“We are certainly hearing concerns that if there’s not a significant update in the next five or six months, it’ll be very difficult for them to keep their doors open,” Kagia said.
Joe Wright, Illinois’ Medical Cannabis Program director, said the program started slowly, but it’s growing.
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“Between November and today, we’ve have a growth rate of 10 percent or 15 percent,” Wright said, adding that Illinois is on pace to sell $2 million in medical marijuana this year.
Kagia said the state could likely find scores of new patients if the state expands the list of conditions that can be treated with medical marijuana.
Wright agreed, but said he doesn’t know when, or if, that will happen.
Kagia said most medical marijuana businesses are taking a long view of the market. He said in a few years Illinois may see adequate patient numbers to support the businesses.