Marijuana license winners in Illinois now compete in ‘Shark Tank’-like scramble to get startup cash

Administrators expect to loan up to $500,000 to each craft grower, and $250,000 to each dispensary, agency spokesperson Lauren Huffman said. As of Sept. 15, 18 license winners have applied for the loans, with a Sept. 30 deadline approaching. Two private partners, Good Tree Capital and Credit Union 1, will also provide financing under the program.