1st Month Cannabis Revenue in Illinois

For the 1st month of legal marijuana sales in Illinois:

Total sales: $39.2 million

Total tax revenue: $10.5 million

• $7,332,058 in cannabis taxes
• $3,147,928.29 in sales taxes ( 7% tax on the sales of cannabis)

Estimated Fiscal year 2021 tax revenue: $127 million

CBS Chicago | Legal Marijuana Sales Created $10.5 Million In Illinois Tax Revenue In January

Chicago Tribune | Recreational marijuana sales in Illinois generated more than $10 million in tax revenue in January