Illinois Collects $52M in Taxes From Legal Pot Sales
July 15, 2020 5:54AM CDT
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SPRINGFIELD, Ill. (AP) The state of Illinois has collected $52 million in taxes from legal adult-use marijuana sales.
Gov. J.B. Pritzker’s office said Tuesday that $34.7 million is coming from excise taxes. Sales taxes that will be shared with local governments account for about $18 million. Nearly $26 million in excise and sales taxes will be directed to the state’s general fund.
More than $239 million in recreational marijuana has been sold in Illinois since Jan. 1 when it was legalized.
