Illinois sitting on $62 million in cannabis revenue meant to foster businesses and help neighborhoods hurt by poverty and violence
IllinoisMarijuana Industry NewsRecreational Marijuana January 16, 2021 0
You are here: Home / Policy & Legal / Illinois / Illinois sitting on $62 million in cannabis revenue meant to foster businesses and help neighborhoods hurt by poverty and violence January 16, 2021 by AggregatedNews Leave a Comment Despite promises that cannabis legalization in Illinois would fund more... Read more
Illinois starts new year by expunging nearly 500,000 marijuana arrest records
IllinoisMarijuana Industry NewsRecreational Marijuana January 2, 2021 0
Illinois Gov. J.B. Pritzker (D) said in an announcement hours before the start of the new year that his state had expunged nearly 500,000 marijuana-related convictions. The move follows Pritzker signing legislation in 2019 legalizing recreational marijuana use in the state starting in 2020. The expansive legislation also paved the... Read more
First year of legal marijuana in Illinois generated big bucks but no new minority license holders
IllinoisMarijuana Industry News January 1, 2021 0
You are here: Home / Industry News / Social Equity / First year of legal marijuana in Illinois generated big bucks but no new minority license holders January 1, 2021 by AggregatedNews Leave a Comment Cannifem represents much of what state lawmakers hoped for when they legalized marijuana in... Read more
Illinois’ weed windfall from taxes rivals booze haul — and could surpass it next year
IllinoisMarijuana Industry NewsRecreational Marijuana December 15, 2020 0
Amid skyrocketing demand for legal weed in Illinois, statewide tax receipts from recreational pot sales are now rivaling those from booze. November’s tax revenues from adult-use cannabis, which reflect the record $75.28 million in sales tallied in October, reached nearly $22.88 million, according to figures released by the Illinois... Read more
