compare : contrast | cannabis revenue

Illinois has the 2nd highest tax on cannabis at near 40%. California has the nation’s highest cannabis tax rate. Illinois also has seen only 48% move to legal cannabis sales. Michigan places a 10% excise tax on legal cannabis and has seen 75% of cannabis users move to the legal market. In 2022, this meant Illinois had cannabis revenue of $562 Million to Michigan’s $326 million.

My Stateline | Illinois’ marijuana tax revenue is the highest in the country, next to California