What you need to know ahead of marijuana legalization
When the Illinois House followed the Senate and approved a bill that would legalize the possession and sale of recreational cannabis, Gov. J.B. Pritzker tweeted the monumental legislation would “have a transformational impact on our state.”
On June 25, Pritzker signed the legislation making Illinois the 11th state, along with the District of Columbia, to legalize its use beginning Wednesday. Illinois is the only state, so far, to approve use via state statute rather than by a voter referendum.
Pritzker campaigned on the issue. The Illinois NAACP, Illinois Family Institute and Roman Catholic bishops of Illinois were among the groups that came out against legalization.
Recreational marijuana could be a boon to the state economically. The Illinois Department of Revenue has projected that the cannabis industry will generate more than $57 million in tax revenue and licensing fees for the state in fiscal year 2020. The amount does not include sales taxes.
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On June 25, Pritzker signed the legislation making Illinois the 11th state, along with the District of Columbia, to legalize its use beginning Wednesday. Illinois is the only state, so far, to approve use via state statute rather than by a voter referendum.
Pritzker campaigned on the issue. The Illinois NAACP, Illinois Family Institute and Roman Catholic bishops of Illinois were among the groups that came out against legalization.
Recreational marijuana could be a boon to the state economically. The Illinois Department of Revenue has projected that the cannabis industry will generate more than $57 million in tax revenue and licensing fees for the state in fiscal year 2020. The amount does not include sales taxes.
Click Here to read more.