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Record Year for Pot Sales in Illinois

SALES OF ADULT-USE CANNABIS IN ILLINOIS JUMPED BY 50 PERCENT IN THE LAST FISCAL YEAR. 

 

RECREATIONAL MARIJUANA SALES CLIMBED TO ONE POINT FIVE BILLION DOLLARS IN FISCAL YEAR 22...GENERATING MAJOR SALES TAX REVENUE FOR THE STATE SAYS ILLINOIS DEPARTMENT OF REVENUE SPOKESPERSON MAURA KOWNACKI.

 

 

UNDER ILLINOIS LAW, 25 PERCENT OF SALES TAX REVENUE FROM CANNABIS SALES IS SET ASIDE FOR COMMUNITIES THAT ARE STRUGGLING OR HAVE BEEN DISPROPORTIONATELY AFFECTED BY PAST DRUG LAWS. SO FAR, THE STATE HAS AWARDED MORE THAN 113 MILLION DOLLARS IN GRANTS TO SUCH AREAS.

 

 

KOWNACKI SAYS THE SALES TAX REVENUE HAS ALSO BEEN GOOD FOR LOCAL GOVERNMENTS WHICH RECEIVED DISBURSEMENTS TOTALING OVER 146 MILLION DOLLARS.

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