For entrepreneurs looking to enter the social consumption space, Illinois offers unique opportunities for cannabis consumption lounges. While there isn't a standalone state-issued consumption lounge license, local governments have the authority to permit these establishments, often as an extension of an existing licensed dispensary or tobacco shop. This means that while some municipalities, such as Chicago and Carbondale, have embraced consumption lounges, others like Springfield have not. These venues typically operate on a "Bring Your Own Cannabis" (BYOC) model, requiring patrons to be 21 years or older and adhering to strict local regulations and inspections. Exploring the market for these specialized cannabis businesses or seeking an Illinois cannabis license for a consumption lounge presents a promising venture.

CannaMLS is the number one place to find cannabis businesses and cannabis real estate for sale in the state of Illinois, including prime opportunities for consumption lounge operations.