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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.
[24] [25] [26] Recreational-use revenue in Illinois is expected to reach an estimated $1.6 billion a year. [27] Illinois became the first state in the nation to legalize cannabis for recreational sale through a state legislature rather than ballot initiative. [28] Overall, Illinois is the 11th state in the US to allow recreational marijuana. [29]
The five states that generated the most revenue from recreational marijuana sales took in a combined $457.7 million during the final quarter of 2023. Illinois took in nearly $70M on marijuana ...
State law currently allows for the possession of 2.5 ounces of consumable marijuana in any 14-day period (NRS 453A.160). Twelve marijuana plants are permitted, irrespective of their maturity (NAC 453A.080). Consumable products are permitted with an equivalent content of psychoactive compounds such as THC (NRS 453A.112).
Missouri had $12.7 million in sales over its first weekend of legalized recreational use.
(The Center Square) – Even though marijuana is legal in Illinois, the state’s highest court has ruled that the smell of raw cannabis is enough for police to search a vehicle. The case stems ...
Timeline of Gallup polls in US on legalizing marijuana. [1]In the United States, cannabis is legal in 39 of 50 states for medical use and 24 states for recreational use. At the federal level, cannabis is classified as a Schedule I drug under the Controlled Substances Act, determined to have a high potential for abuse and no accepted medical use, prohibiting its use for any purpose. [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 ...