The action came after a day-long meeting that lasted until 1 a.m., and a four-hour hearing on the dispensary alone that one board member called a record.
A controversial plan to open a fifth marijuana dispensary within Chicago’s River North neighborhood won approvalThe Zoning Board of Appealsa special-use permit to PTS Corp. and Bio-Pharm LLC to open a recreational cannabis store in the former Rainforest Cafe at Clark and Ohio streets. The project still needs state approval.The approval came after a daylong meeting that lasted until 1 a.m., and a four-hour hearing on the dispensary alone that one board member called a record.
Social equity companies, generally defined by state law as having a majority owner who’s had a prior low-level cannabis arrest or conviction, or having lived in an area with high poverty or a large number of cannabis arrests, generally are exempt from the distance requirement. Ultimately, while city officials debated whether to grant a special-use permit, state officials will decide whether to allow the new dispensary to be so close to four others that are already operating within a few blocks of each other.The PTS investor with the greatest ownership share, at 22%, according to city records, is David Flood, of the family that owns Flood Brothers Disposal. The next largest owner listed is Dr. Christine Heck, with 10% interest.
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