Illinois Benefits More From Cannabis Than Alcohol, Marijuana Tax Outpaces Liquor By Almost $100M In 2021
Over the past year, Illinois took in more tax dollars from cannabis receipts than alcohol, Marijuana Moment reports.
In 2021, recreational cannabis taxes in the Prairie State exceeded liquor taxes by nearly $100 million, according to an update released by the Illinois Department of Revenue that confirmed marijuana taxes outpaced alcohol for the first time in February and kept that pace for the whole year.
Illinois legalized the sale of medical cannabis in 2015 and expanded legalization to recreational marijuana in the general public beginning in 2020.
– Read the entire article at Benzinga.