One of the first craft cannabis growers approved by state regulators under the social equity program is close to starting operations.
Rick Ringold, one of the majority owners of Galaxy Labs, points out features of a cannabis growing room Friday at the Richton Park facility.
The program was intended to offer disadvantaged people and communities of color disproportionately affected by the war on drugs an opportunity to benefit from the cannabis industry. A neighbor of the couple learned they were looking for space, and he owns the retail center where Galaxy has set up shop.Jose Maldonado, a business owner and investor in Galaxy, grew up in the Chicago Housing Authority’s Trumbull Park project in the South Deering community.“Our neighborhood was surrounded by drugs and gangs but I was fortunate to escape the effects,” he said in a news release from Galaxy.
The couple reached out to family and friends as well as a private lender that caters to firms in the recreational cannabis arena, she said.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Antisemitic graffiti, hate speech found in public park in Park RidgeUnknown subjects recently vandalized a picnic table in Park Ridge's Rotary Park with swastikas and what appears to be the beginning of a racial epithet. The Park Ridge Park District says it is seeing an increase in vandalism and inappropriate behavior at parks.
Read more »
Woman stabbed at Chicago's Grant Park skate park recoveringPolice arrested Joshua Shaw, 43, shortly after Zoey Wolfe was attacked on June 24. Wolfe, 25, returned to the park Monday after being stabbed in the chest there in late June.
Read more »
Group seeking to legalize recreational marijuana submits 220,000 petition signatures — will it be enough?Supporters submitted hundreds of thousands of signatures to let Ohioans choose if recreational marijuana should be legal; advocates now have to wait to see if they make it on the November ballot.
Read more »
Marylanders bought over $3.5 million worth of recreational marijuana on first day of legal salesMaryland residents dropped over $3.5 million on marijuana products on the day that it became legal for them to purchase the drug for recreational purposes.
Read more »