![]() We are excited to bring a seamless cannabis buying experience to your community. Visit Logan Square if you’re a medical cannabis patient looking to makea purchase at your designated dispensary. We expanded access through the years and finally expanded to recreational cannabis on January 1st, 2020. MOCA's original location, opened for medical cannabis in 2016 as one of Chicago’s first legal dispensaries and have helped countless patients get the care and medicine they need. We would like to thank everyone who wrote in with support and well wishes.Ascend by MOCA Logan Square is a medical and adult-use dispensary in Chicago, IL. We take security extremely seriously and have never experienced an incident like this since we first opened in 2016. We are working with Chicago and IL State police on the matter and investigations are ongoing. ![]() No cannabis product was stolen but there was cash taken. “MOCA Dispensary experienced a burglary late last night. In a written statement, MOCA’s owner said: Illinois has seen more than $10 million worth of recreational cannabis sales since the law changed last week. “If you make it all cash, you highly increase the bad things that can happen.” Sen. Senate, despite support from Democrats and Republicans like Missouri’s Roy Blunt. The Safe Banking Act, which would allow cannabis businesses to use banks, was passed in the House but is stalled in the U.S. When these businesses are forced to deal exclusively in cash, it makes them a much greater target for criminal activity,” Frerichs said.įrerichs says Illinois has done all it can, and banking regulations now have to be changed by Congress. “This illustrates exactly the point we’ve been making for the last two years: that legitimate cannabis businesses ought to have access to the banking system. Illinois State Treasurer Michael Frerichs says the banking regulations must be changed, or we’re likely to see more thefts like the one in Logan Square. A lot of banks won’t accept them because they feel like it’s a risk, so they’re going to have a lot of cash on them and it’s going to be a good spot to rob for now,” customer Paul Toledo said. “Typically what makes cannabis a target for theft is they’re not allowed to process a lot of payments through credit cards. ![]() Some elected officials are calling for changes to banking regulations, saying they make these shops targets.īecause cannabis is still illegal on the federal level, most banks won’t risk doing business with the cannabis industry. “I came by MOCA to buy some oil and some flower, but apparently they’re closed,” customer Paul Toledo said. Police say “offenders” possibly used a key card to break through a side door of the cannabis shop on the 2800 block of West Fullerton Avenue in Logan Square before getting away with an undisclosed amount of money.Ĭustomer after cash-carrying customer was turned away at the door Monday. Please look at the time stamp on the story to see when it was last updated.ĬHICAGO - Chicago police are investigating a burglary at MOCA Modern Cannabis, a legal dispensary selling both medicinal and recreational marijuana on the Northwest Side, after someone broke in overnight. This is an archived article and the information in the article may be outdated.
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