HCI Alternatives | St. Louis Public Radio

HCI Alternatives

HCI Alternatives in Collinsville is one of 53 medical cannabis dispensaries licensed by the State of Illinois
Wayne Pratt | St. Louis Public Radio

The owners of a Metro East medical marijuana dispensary are trying to ease concerns in the banking industry. HCI Alternatives won't be able to make any deposits at the end of next month if it doesn't find a new financial partner. The company's current bank is severing ties with the industry.

HCI Alternatives in Collinsville is one of 53 medical cannabis dispensaries licensed by the State of Illinois
Wayne Pratt | St. Louis Public Radio

Regulators and dispensary operators are taking stock of medical marijuana in Illinois as the state's program hits the two-year mark. The Illinois Department of Public Health says it has approved approximately 31,500 patients for the program, compared to more than 36,000 who have completed the application process. It has also approved more than 50 dispensaries throughout the state, including HCI Alternatives in Collinsville.

Front of building for HCI Alternatives
(courtesy HCI Alternatives)

The 5,000-square foot facility is the first of its kind in the Metro East.

One of just 23 medical cannabis dispensaries licensed in Illinois, HCI Alternatives opened its doors at noon on Monday in Collinsville.

"It’s been a very long road, and we’re all really excited," said Scott Abbott, director of HCI security and compliance, "and I know a lot of the patients who have been calling us are equally excited."

While former Governor Pat Quinn signed Illinois’ Compassionate Care Act into law in August 2013, legal marijuana sales did not begin until November.