Illinois takes in $40 million in revenue from four months of cannabis sales

The Daily Herald reports

Illinois has received more than $40 million in tax revenue from adult-use marijuana sales during the past four months.

In April, the state received $9.7 million in combined marijuana taxes and associated sales taxes, according to the Illinois Department of Revenue figures released Thursday. Marijuana tax revenue provided nearly $6.5 million, and there was more than $3.2 million in associated sales taxes.

However, that amount was down from March when the state received almost $11.8 million in tax money from legalized marijuana sales, the largest haul of the first four months of sales in Illinois, IDOR reported. In January, the state received $10.3 million in marijuana-related taxes and another $8.3 million in February.

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https://www.dailyherald.com/business/20200604/state-takes-in-40-million-in-taxes-from-four-months-of-pot-sales

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