SPRINGFIELD—Following the legalization of adult-use cannabis on January 1, 2020, the Illinois Department of Revenue (IDOR) has collected over $100 million in tax revenue connected to adult-use cannabis sales. Last week, IDOR finalized its September collections and found the state took in $69.7 million through the Cannabis Regulation Fund, and $36.1 million from state and local sales taxes since Jan. 1. September collections reflect August sales, meaning this activity took place over eight months.
“Thanks to those who have carefully overseen this brand-new industry’s successful launch in Illinois, revenue is flowing to local governments, to drug treatment programs and law enforcement, and being reinvested in our communities hit hardest by the failed policies of the past,” said IDOR Director David Harris.
Under the new law, nearly 50% of revenues…
