Illinois Collects $52 Million In Marijuana Tax Revenue In First Six Months Of Legal Sales

Marijuana Moment
By Kyle JaegerJul 14, 2020, 5:00 pm240 pts
Illinois generated $52 million in tax revenue from marijuana sales in the first six months since implementation, the governor announced on Tuesday. In total, the past half-year saw more than $239 million in cannabis sales. The state emphasized that 25 percent of the tax revenue will go toward a community…

Read Article Share
Share Article
- email
- x.com
- facebook
- pocket
- reddit
- tumblr
- linkedin
- pinterest

Trending Today on NewsBudz

Federal Officials Revise Sentencing Guidelines For Drug Selling Convictions 69

Canada’s cannabis legalization initiative: Funding, outcomes, and departmental spending 62

About NewsBudz

NewsBudz is your go-to app for daily cannabis news, covering everything from medical marijuana breakthroughs to recreational cannabis trends and legalization updates.

Our platform aggregates content from over 30 top-tier cannabis news outlets to deliver a curated stream of the latest headlines, insights, and developments across the marijuana and hemp industries.

Whether you're interested in policy reform, health research, cannabis business, CBD, delta 9 products or lifestyle stories, NewsBudz keeps you informed and connected. Accessible on the web and mobile, NewsBudz makes it easy to explore, read, and share cannabis news anytime, anywhere.