Illinois raked in $445.3 million in adult-use hashish tax income final 12 months, up from $297.7 million in 2020, representing a 50% enhance, NBC 15 experiences. Underneath Illinois’ adult-use hashish regulation, 25% of cannabis-derived funds are allotted to communities disproportionately affected by the drug battle.
In whole, the state took in $1.5 billion in adult-use hashish income and dispersed $146.2 million to native governments, Gov. JB Pritzker (D) stated in an announcement.
“Illinois has executed extra to place justice and fairness on the forefront of this business than another state within the nation and has labored to make sure that communities damage by the battle on medicine have had the chance to take part. The $1.5 billion in gross sales of adult-use hashish in Illinois interprets into vital tax income with a portion of each greenback spent being reinvested in communities which have suffered for many years.” — Pritzker in an announcement
Moreover, the state has issued $113.5 million in grants by way of its Prison Justice Info Authority’s Restore, Reinvest, and Renew (R3) Program. These funds go towards packages serving to with baby poverty, unemployment, mass incarceration, and gun violence, the report says.
“This isn’t simply taking place. These directed sources have been the results of intentional coverage selections to start repairing hurt. However that is just the start. I’m desirous to see newly licensed Black companies get a slice of the pie,” stated State Rep. Jehan Gordon-Sales space (D). “These much-needed sources for communities impacted by the drug battle are the precise purpose why policymakers who perceive the ache and trauma being skilled by the neighborhood is significant.”
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