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In the final quarter of 2023, the states that generated the most revenue took in a combined $457.7 million. ... Here's a look at the recreational marijuana laws and tax rates in each state. 1 ...
Illegal. The year 2023 began with several state efforts to legalize adult-use or medical cannabis, despite an apparently stalled federal effort to do so. [ 1] A cannabis industry executive predicted that at least two states would enact adult-use reform in 2023, with the most likely states to legalize being Minnesota, Pennsylvania and Ohio. [ 2]
On May 31, 2019, the Illinois General Assembly passed the Illinois Cannabis Regulation and Tax Act to legalize recreational marijuana use starting on January 1, 2020. The bill was signed by Governor J. B. Pritzker on June 25, 2019. [24][25][26] Recreational-use revenue in Illinois is expected to reach an estimated $1.6 billion a year. [27 ...
The law made possession a civil violation with a penalty of $25, lower than most city parking tickets. 2014, D.C. voted by ballot Initiative 71 to legalize recreational marijuana possession, cultivation, and transportation; commercial production and sale prohibited. The law went into effect February 26, 2015, following 30 days of congressional ...
Medical marijuana, meanwhile, has been legal in the Show Me State since 2018. Marijuana is available for purchase in Missouri for those 21 years old and older. Consumers can legally possess up to ...
Illinois' new governor delivered on a top campaign promise Tuesday by signing legislation making the state the 11th to approve marijuana for recreational use in a program offering legal remedies ...
January 1, 2020; 4 years ago (2020-01-01) Code. 410 ILCS 705. Status: Current legislation. The Cannabis Regulation and Tax Act (Illinois House Bill 1438) is an act legalizing and regulating the production, consumption, and sale of cannabis in Illinois. It was approved by both houses by May 31, 2019 and came into effect January 1, 2020. [1][2]
Driving the increase last year was the more than 42 million recreational marijuana products sold in the state which is a 15% increase from 2022 Illinois recreational marijuana sales reach new ...