Gov. J.B. Pritzker is touting how much marijuana revenue Illinois received in 2021. But high taxes and regulatory blunders have kept Illinois weed between $200 million and $600 million shy of its potential.
High taxes on marijuana are believed to help illegal dealers and violence thrive, so San Francisco is holding off on new city pot taxes to help legal dispensaries compete. Illinois and Chicago, where taxes top 40%, may want to pay attention.
Springfield lawmakers have yet to learn the lesson that money walks. And it’s not just to other states. Sometimes, it walks past the legal dispensary with a 40% tax rate and into a dealer’s house.
Answers to frequently asked questions about Illinois’ cannabis legalization law.
Many Illinois municipalities have voted to ban or restrict marijuana sales when it becomes legal for sale. Here’s a list of where pot will, won’t and might be legally bought.
City leaders passed a resolution expressing support for expanding scientific and medicinal research on organic psychedelics in Chicago, with the goal of decriminalizing adult use of the plants and fungi.
A bill that would legalize recreational marijuana in Illinois is en route to the highest office in the state.
Two bills to legalize marijuana currently sit in Springfield.
Illinoisans of all ages, political party affiliations and regions of the state favor legalizing marijuana and regulating and taxing it like alcohol, as provided in legislation proposed by state Rep. Kelly Cassidy on March 22.
Under state Rep. Kelly Cassidy’s proposal, Illinoisans age 21 and older could legally possess, manufacture and sell marijuana.