Illinois Earns $52 Million in Taxes In First Six Months Of Legal Recreational Pot

CHICAGO (CBS) -- In the first six months of legal recreational marijuana, the State of Illinois raked in $52 million in taxes.

A quarter of that will go to communities hit hardest by the war on drugs through the Restore, Reinvest and Renew Program.

So far users have spent almost $240 million on pot.

RELATED: Recreational Marijuana Business Booms Amid Stay-At-Home Order | The Rules Regarding Recreational Marijuana In Illinois

The Pritzker administration collected $34.7 million in cannabis excise taxes, and the Illinois Department of Revenue collected $18 million in sales taxes that will be shared with local governments.

Read more
f

We and our partners use cookies to understand how you use our site, improve your experience and serve you personalized content and advertising. Read about how we use cookies in our cookie policy and how you can control them by clicking Manage Settings. By continuing to use this site, you accept these cookies.