Recreational Pot Sales Move Forward In Arlington Heights

ARLINGTON HEIGHTS, IL — Despite a no vote from Mayor Thomas Hayes, the Village of Arlington Heights approved an 18-month pilot program for recreational cannabis sales at Verilife. Beginning Sept. 1, the medical marijuana dispensary is allowed to sell marijuana from 9 a.m-9 p.m. daily through Feb. 28, 2022.

Verilife is located at 1816 S. Arlington Heights Road and run by parent company, PharmaCann Inc.

A 3 percent local tax on cannabis sales was also approved, but the Village is unable to begin collecting the Municipal Cannabis Retailers' Occupation Tax until Jan. 1, 2021. Verilife has agreed to pay the Village an amount equal to 3 percent of the gross receipts from the sales of adult use cannabis from its onset of the program through Dec. 31. This is intended to be the amount the Village would have received had the Village’s tax been in place in 2020.

The ordinance also establishes that the Village Board will determine, no later than Dec. 31, 2021, whether Verilife will be permitted to continue to operate an Adult-Use Cannabis Dispensing Organization. If the Board decides to let the operation continue, the Village Code need to be amended prior to the expiration of the pilot program, according to the Village.

To learn more about Verilife, visit its website here.

Related:
Recreational Marijuana Gets Thumbs Up In Arlington Heights
Weed Opt-In Poll: Majority Of Arlington Heights Readers On Board
Talking Weed: Arlington Heights To Discuss Cannabis Sales Vote