Illinois
Illinois hits $1B in cannabis sales
ILLINOIS (WIFR) – Illinois reaches $1 billion in cannabis retail sales, Gov. JB Pritzker announced Wednesday.
More than $850 million of the sales were adult recreational use and almost $150 million were in medical marijuana sales.
In 2023, Illinois hit the $1 billion mark on July 10. The milestone in 2024 was reached on July 1, almost two weeks earlier than the year before
The 2024 fiscal year saw total cannabis sales exceed $2 billion which is an increase from 2023′s fiscal year sales of $1.9 billion and 2022′s fiscal year of $1.8 billion.
The Cannabis Regulation Oversight Office’s data shows Illinois consumers made up 81% of the total value of purchases through the first six months of 2024 and out-of-state consumers made up 19%. The data also shows that 49% of products sold were cannabis flower, 32% vape, and 22% edibles.
Illinois leaders say the taxes from cannabis sales have led to more than $244 million in R3 Grants for economic development, violence prevention, and youth development in disproportionately impacted communities in Illinois. That revenue has also gone towards establishing the Illinois Cannabis Social Equity Loan Program, which gives people and communities historically impacted by arrests and imprisonment for cannabis offenses opportunities to work in the legal cannabis industry.
Almost $22 million in forgivable loans have been given to social equity craft growers, transporters, and infusers to date. Applications for forgivable loans for social equity adult use dispensing organizations were accepted through April 2024.
Currently, 218 dispensaries are licensed with the Illinois Department of Financial and Professional Regulation (IDFPR). Additional full dispensary licenses will be issued to conditional licensees selected in the 2022 and 2023 lotteries as they meet the requirements for full licensure.
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Illinois
Illinois, Brad Underwood agree to new contract terms
CHAMPAIGN — Illinois and coach Brad Underwood have agreed to new financial terms on his current six-year contract that runs through 2031-32, and the deal could extend through 2035-36 based on the team’s performance over the next four seasons.
Athletic director Josh Whitman made the announcement Thursday, about six weeks after the Illini’s season ended with the program’s first NCAA Final Four appearance in 21 years. Contract terms were not announced. The agreement requires approval of university trustees.
“Thanks to Brad Underwood’s tireless leadership and relentless pursuit of championships, our men’s basketball program has established itself as one of the nation’s premier programs while rewriting much of our record book,” Whitman said. “He has revitalized a proud fan base and elevated our program to new heights while competing in the most dynamic, high-stakes environment in college sports history.”
The Illini won the fourth-most games in program history with an overall record of 29-8 and they finished in a three-way tie for second in the Big Ten at 15-5. They won each of their first four NCAA Tournament games by double digits before losing 71-62 to UConn in the national semifinals.
“Illinois is a special place, and we’re coming off a special year with a trip to the Final Four,” Underwood said. “But we know there is still more to achieve. Our focus remains competing at the highest level in pursuit of a national championship. I am more motivated than ever to help bring that title home to the University of Illinois.”
Underwood is 193-110 in nine seasons at Illinois with six straight NCAA appearances.
Illinois
Illinois Wesleyan to Launch First-of-its-Kind Interdisciplinary Undergraduate Quantum Science and Engineering Program
Fisher Center for Interdisciplinary Quantum Science & Engineering positions Illinois
as a leader in next generation quantum education
BLOOMINGTON, Ill. – Illinois Wesleyan University today announced the creation of the Fisher Center for
Interdisciplinary Quantum Science & Engineering, a first-of-its-kind undergraduate
program that brings together multiple areas of study to better prepare students for
careers in this emerging field.
The Fisher Quantum Center will make Illinois Wesleyan the first undergraduate liberal
arts university in the United States to offer an interdisciplinary quantum program,
positioning both the University and the state as leaders in the quantum space.
The Fisher Quantum Center is supported by a founding gift from Ann ‘82 and Alan Fisher,
providing the resources to establish the center and launch programming. Ann is a graduate
of Illinois Wesleyan University and serves on the university’s Board of Trustees.
The Fisher Quantum Center is designed to grow in phases and will expand its curriculum,
facilities, and partnerships over time.
“The Fisher Quantum Center represents a defining step forward as the first undergraduate
interdisciplinary quantum program. Quantum is reshaping industries and the way we
solve complex problems, and this complexity is an ideal fit with Illinois Wesleyan’s
cross-curricular approach to undergraduate education. We are especially grateful to
Ann and Alan Fisher for their generous gift that is making this distinctive program
possible,” said Illinois Wesleyan University President Sheahon J. Zenger.
What is Quantum?
Quantum science studies how matter and energy behave at the smallest scale, where
the differences can be used to create new, more powerful technologies. Because of
this, quantum has a wide variety of real-world applications and is poised to transform
everyday lives and revolutionize industries ranging from computing and cybersecurity
to healthcare, finance, and agriculture.
Most quantum programs are primarily offered at the graduate level and focus on a single
area of study. The Fisher Quantum Center takes a fundamentally different approach
by focusing exclusively on undergraduate education and bringing together physics,
chemistry, computer science, mathematics, biology, business, philosophy, and engineering
into one holistic curriculum. Instead of separating these fields and narrowing the
focus, it connects them to better reflect the broad applications of quantum. This
first-of-its-kind approach prepares students not only with the technical skills for
these emerging careers, but with an understanding of the economic, ethical, environmental,
and societal implications of quantum technologies.
and instrumental performance (euphonium). He has also conducted research on the ethical
implications of quantum computing.
Students will be able to engage with quantum in multiple ways, including through individual
courses, certificates, concentrations, hands-on experiments, projects, faculty-mentored
research, and internships. The Fisher Quantum Center is designed to be flexible, inclusive,
and accessible to undergraduate students from all areas of study to create a gateway
into quantum for students who might not otherwise encounter the field. It will also
serve as hub for visiting scholars, postdoctoral researchers, and faculty to collaborate
on strengthening undergraduate quantum laboratories and infrastructure.
“We are proud to support the creation of the Fisher Quantum Center and the unique
opportunity it creates for students coming to Illinois Wesleyan. The Fisher Quantum
Center will open the door for students from many different backgrounds to engage with
quantum in a way that is accessible and better prepares them for future careers. We
are excited to see how this program grows and the impact it will have on Illinois
Wesleyan students, the university, and the broader community,” said Ann and Alan Fisher.
The first courses through the Fisher Quantum Center will be available in Spring 2027,
alongside enhanced quantum lab space, with programming expanding throughout the year.
Beyond the classroom, the Fisher Quantum Center will support outreach initiatives
to engage high school teachers and students to strengthen pathways into quantum and
STEM fields. Beginning in Summer 2026, Illinois Wesleyan will host a fully funded
Quantum Day Camp for high school STEM teachers and counselors from surrounding counties,
with a residential Quantum Camp for high school students anticipated for Summer 2027.
“The Fisher Quantum Center represents a first-of-its-kind program that will create
new opportunities for students to engage with quantum across disciplines while preparing
them for the high-quality jobs of the future. Quantum technology is already shaping
the future of the global economy, and Illinois is positioning itself as a global leader.
To compete, we need to continue building a strong workforce pipeline, and Illinois
Wesleyan is playing a critical role by giving students the skills and training needed
to fill these emerging jobs and help keep Illinois at the forefront of innovation,”
said Gov. JB Pritzker.
At a time when Illinois is emerging as a national hub for quantum innovation, the
Fisher Quantum Center will play a critical role in developing the next generation
of talent, expanding awareness of quantum careers and opportunities, and ensuring
the state remains competitive in this rapidly evolving field.
“Developing the next generation of talent is essential to maintaining Illinois’ momentum
in quantum,” said Illinois Economic Development Corporation President and CEO Christy George. “Illinois Wesleyan’s new program creates opportunities for students in high demand
fields while helping build the workforce pipeline Illinois industries need. The Fisher
Center reflects the forward-thinking approach that has helped position Illinois as
a growing hub for quantum innovation and emerging technologies.”
For more information about the Fisher Quantum Center, visit www.iwu.edu/fisher-quantum-center.
Illinois
Host of new Illinois laws would target various parts of the AI industry
Illinois Senate Democrats are trying to impose limits on artificial intelligence, or AI, in the final weeks of the legislative session.
The proposed package of eight different bills would target specific areas impacted by the emerging technology, including its effects on mental health and the usage of AI in schools.
State Sen. Bill Cunningham said because Congress has not put much regulation around AI, state lawmakers feel they have to step into the void.
“Artificial intelligence, or AI, can be a powerful tool for good, but currently there are minimal guardrails in place. It’s like the wild, wild west. Illinois needs to create a roadmap for responsible innovation to prevent catastrophic risks. And that is why we are all here today,” said State Sen. Mary Edly-Allen.
Edly-Allen’s proposal, which passed out of committee Wednesday and now heads to the full Senate, aims to increase transparency from big AI companies like ChatGPT and Claude. It would require large companies to make annual reports explaining what they are doing to prevent what lawmakers call “catastrophic risks.”
If a company learns about a critical safety incident, it has to report it within 72 hours, or 24 hours if the incident poses a serious risk of harm or death.
Another bill, led by Sen. Laura Ellman, aims to address the growing number of young people turning to AI during a mental health crisis, specifically people who confide in a chatbot about their suicidal thoughts. AI companies would have to implement methods to detect self harm and refer the user to a resource, such as the suicide hotline.
Other bills try to crack down on AI being used to fix rent prices, curb someone’s data from being used for targeted ads or sold to third parties, ban teachers from using AI to grade a student’s work and cut down on bots scooping up tickets to concerts and sports.
The current legislative session is set to end on May 31, with lawmakers working to pass a host of bills before that date arrives.
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