Illinois collects $52M in taxes from legal pot sales
Posted July 14, 2020 7:00 am
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 $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.
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