Illinois took in more tax dollars from marijuana than alcohol for the first time last quarter, according to the state Department of Revenue. From January to March, Illinois generated about $86,537,000 in adult-use marijuana tax revenue, compared to $72,281,000 from liquor sales. Those following the cannabis market in Illinois might not be entirely surprised, as the state has consistently been reporting record-breaking sales, even amid the pandemic. In March alone, adults spent $109,149,355 on recreational cannabis products—the largest single month of sales since retailers opened shop.
Sean Hocking, Cannabis Law Report, 04/13/2021 22:58:00
Open article: https://cannabislaw.report/illinois-already-earns-more-tax-from-cannabis-than-alcohol/