Send us Fan MailIllinois Social Equity Loan Delays, Hemp/THC Crackdowns, and Shifting Federal-State Cannabis PolicyThe episode reviews cannabis legalization news while focusing on Illinois’s stalled social equity loan program: about 160+ applicants sought a $40 million fund, were promised decisions by January then delayed into spring, and the hosts argue the Illinois DCEO’s inaction is pushing operators into defaults, forcing fronted rent and buildout costs, and potentially prompting Court of Claims litigation. They discuss broader regulatory frustration, contrasting state bureaucracy with perceived federal movement, including a planned federal/CMS-style CBD product coverage pilot with strict THC caps that tighten further in November, plus concerns about bans and limits on inhalables/flower and full-spectrum CBD. The hosts anticipate Texas lawsuits over impending hemp/THCA restrictions, note Missouri’s cease-and-desist actions and microbusiness losses, cover South Carolina’s THC beverage bill limits, mention Idaho’s medical marijuana ballot signature progress, and promote ACPrivilege.ai for non-discoverable AI legal queries and Collateral Base consulting.00:00 Going Live Intro00:05 Illinois Loan Delays02:02 Equity Program Breakdown03:43 Hemp Loopholes Backlash05:34 Federal CBD Crackdown07:38 Dispensary Cash Crunch10:01 Texas Lawsuit Countdown12:53 Bureaucrats vs Entrepreneurs15:30 Missouri Hemp Enforcement18:49 Illinois Politics and Hemp20:14 White House Policy Meeting26:13 Science Standards and Consumers27:53 What Being High Means28:58 Deportations Over Weed29:27 South Carolina THC Drinks31:36 Hemp Loopholes and Factions34:57 CBD Medicare Subsidy Debate39:13 Trolls and Cannabis Risks43:22 Minnesota Policy Stalls45:20 Medical Program Failures48:00 Idaho Ballot Push48:50 AI Privilege Legal Tool54:10 Collateral Base Closing AdSupport the showGet our newsletter: https://bit.ly/3VEn9vu

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