Alton Dispensary Plans To Reopen Wednesday, Oct. 11, After Terminating Contract With Subsero
ALTON - The Alton Dispensary has plans to reopen as soon as Wednesday, Oct. 11, 2023, after terminating its contract with the management company Subsero Alton Ops, LLC. Dispensary owners allege misappropriations and diversions of hundreds of thousands of dollars of cash and marijuana products by Subsero. The re-opening date was changed by The Alton Dispensary in an information release late Friday, Oct. 6, 2023. Subsero Alton Ops, LLC, was contracted by the holder of the state’s cannabis license, The Alton Dispensary, to assist the dispensary’s owners in managing the business at 1400 E. Broadway in Alton. Subsero was never an owner of the Alton dispensary. The Alton Dispensary said in a press release released on Friday, Oct. 6, 2023, that the contract with Subsero was terminated as of Monday, Oct. 2, 2023, when Subsero representatives were escorted from the premises with the assistance of the Alton Police Department. A complaint sent to the Illinois Department of Financial
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