Illinois lawmakers held a major subject matter hearing on Senate Bill 20, a sweeping cannabis and hemp proposal that could reshape the Illinois market. In this episode, Cole breaks down the hearing in real time, covering proposed increases to possession limits, expanded dispensary hours, drive-thru sales, medical access changes, hemp regulation, and the ongoing debate over Illinois cannabis taxes.
The hearing also featured testimony from state regulators, industry representatives, and lawmakers discussing why Illinois continues to struggle with competition from neighboring states like Michigan and Missouri. Cole reacts live to the discussion surrounding participation in the regulated market, the future of intoxicating hemp products, social equity licensing, and whether Illinois is making cannabis policy unnecessarily complicated.
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- Stream the episode on Apple Podcast here
- Stream the episode on X here
The Cole Memo 
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