Illinois pulls in $52 million in first 6 months of marijuana legalization

The legalization of marijuana in Illinois brought in $52 million during the first six months of 2020, the governor’s office said Tuesday.

Illinois Gov. JB Pritzker said the $52 million makes up the industry’s tax revenue for the first half of the year, and he promised to reinvest that money in local communities.

“Illinois has done more to put justice and equity at the forefront of this industry than any other state in the nation, and we’re ensuring that communities that have been hurt by the war on drugs have the opportunity to participate,” Pritzker said.

The sale and usage of marijuana in Illinois was legalized effective Jan. 1, though both remain heavily regulated.

Read more at Stl Today.