Pontoon Beach/Belleville Cannabis Dispensaries Receive $240,000 Each In Social Equity Loan Program
PONTOON BEACH/BELLEVILLE - A pair of local licensed cannabis dispensaries will receive a significant amount of funds from Round II of the Cannabis Social Equity Loan Program, Gov. J.B. Pritzker and the Illinois Department of Commerce and Economic Opportunity announced on Wednesday, Aug. 14, 2024. Cookies in Pontoon Beach with an application from Project Equity Illinois, will receive $240,000 in the loan awards. Market 96 in Belleville, with an application from Blunts&Moore, LLC, also will receive a $240,000 loan. The second round of loans will total $5.5 million overall throughout the state. Through the program, 23 qualified, licensed social equity dispensaries are receiving $240,000 Direct Forgivable Loans (DFL) financed by the State of Illinois. Second round of Cannabis Social Equity Loan Program provides $5.5 million in loans to social equity dispensaries “Since day one, my administration has put equity at the forefront of building the most accessible cannabis industry