Illinois’ weed tax windfall tops $560 million. Here’s where the money goes.
IllinoisMarijuana Industry News December 8, 2021 0
The state’s collections since early 2020 now outpace that raised from booze sales. The money has been used on everything from buying an opioid reversal drug to funding a Girl Scouts program to fight human trafficking. First-time recreational cannabis buyers often feel the sticker shock. With hefty taxes, an... Read more
Only a few cannabis workers in Illinois are unionized 2 years after full legalization. Organizers say corporate owners have put up fierce resistance.
IllinoisMarijuana Industry News December 2, 2021 0
Cannabis workers pushing to unionize amid complaints of low wages and rough working conditions claim they’ve faced stiff resistance from the corporate pot firms that employ them. In January of 2020, with the blessing of Democratic presidential candidate Bernie Sanders, employees at Cresco Labs’ cultivation center in Joliet voted to... Read more
Illinois recreational pot sales top $1 billion, blowing past last year’s totals with two months left in 2021
IllinoisMarijuana Industry NewsRecreational Marijuana November 3, 2021 0
Recreational marijuana sales in Illinois surpassed $1 billion last month, blowing last year’s 12-month total sales of $669 million out of the water. October recorded over $123 million in sales of recreational pot. That pushes the year-to-date total for 2021 to $1.12 billion for recreational marijuana sales alone, according... Read more
Medical marijuana, more popular than ever, could still cost you your job in Illinois
IllinoisMarijuana Industry NewsMedical MarijuanaRecreational Marijuana October 13, 2021 0
Medical marijuana is more popular than ever in Illinois, despite the fact that recreational marijuana has been legal for more than a year. In fact, data indicates the spike in medical marijuana usage may be because of recreational marijuana, which is taxed at a much higher rate. But it’s... Read more
Players In the Prairie State
IllinoisMarijuana Industry News October 1, 2021 0
The Illinois cannabis market is booming. Adult-use sales alone have exceeded $100M for six months running, and no doubt September will follow as both July and August topped $120M in sales. The state will eventually fix the many problems snarling the application and lottery process, driving sales higher. Surrounded... Read more
