More lucrative tax: Cannabis or Alcohol?

What’s happening? Illinois is raking in more tax revenue from cannabis than it is from alcohol sales. In February and March 2021, cannabis accounted for $56 million, compared to about $39 million in liquor taxes.

Why is this important? Revenue estimates are delivering.

How will this be important? Cannabis represents a new revenue source as legalization spreads.

Green Entreprenuer | Illinois Makes More Money from Cannabis Taxes than It Does from Liquor Taxes