Tag: illinois
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How Many Cannabis Dispensaries Are Located In Illinois?
Illinois became the 11th state to adopt a statewide adult-use cannabis legalization measure on June 25, 2019, when Illinois Governor JB Pritzker signed House Bill 1438. The legislation provided for the eventual legal sales of adult-use cannabis products through licensed dispensaries. On January 1, 2020, the first legal adult-use cannabis purchase was made in Illinois,…
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U.S. Adult-Use Cannabis Industry Surpasses $20 Billion In Total Tax Revenue
The United States adult-use cannabis industry has generated over $20 billion in total tax revenue since the first legal recreational cannabis purchase was made in Colorado on January 1st, 2014 according to a new report by the Marijuana Policy Project. “Through the first quarter of 2024, states have reported a combined total of more than…
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What Does Illinois Spend Its Cannabis Tax Revenue On?
On June 25, 2019, Illinois Governor JB Pritzker signed House Bill 1438. The legislation made Illinois the 11th state to legalize recreational cannabis and provided for the eventual legal sales of adult-use cannabis products through licensed retail outlets. On January 1, 2020, the first legal adult-use cannabis purchase was made in Illinois, and since that…
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How Much Legal Cannabis Was Sold On 4/20 In 2024?
April 20th is the most popular day of the year for cannabis consumption, with the date serving as the annual day of celebration for the global cannabis movement, particularly in the United States where the tradition is reported to have started in the 1970s. Every year licensed cannabis retailers across the country try to gain…
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9% Of United States Adults Report Using Cannabis Regularly
Cannabis remains illegal at the federal level in the United States, however, 24 states and the District of Columbia have modernized their cannabis policies to permit recreational cannabis use by adults. Many more permit cannabis for medical use. The results of a new Gallup survey are out, in which adult cannabis consumers across the United…