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The Cannabis Regulation and Tax Act (Illinois House Bill 1438) is an act legalizing and regulating the production, consumption, and sale of cannabis in Illinois.It was approved by both houses by May 31, 2019 and came into effect January 1, 2020.
Illinois became the first state in the nation to legalize cannabis for recreational sale through a state legislature rather than ballot initiative. [28] Overall, Illinois is the 11th state in the US to allow recreational marijuana. [29] An estimated 700,000 Illinoisans will qualify for the expungement of past marijuana-related convictions. [30]
The five states that generated the most revenue from recreational marijuana sales took in a combined $457.7 million during the final quarter of 2023. Illinois took in nearly $70M on marijuana ...
Cannabis Station, a medical cannabis dispensary in Denver, Colorado Cannabis flower stored in jars at a dispensary in Colorado. Cannabis dispensaries in the United States or marijuana dispensaries are a type of cannabis retail outlet, local government-regulated physical location, typically inside a retail storefront or office building, in which a person can purchase cannabis and cannabis ...
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On June 1, 2019, Illinois became the 11th state to allow recreational use of marijuana; [13] on June 3, Cresco CEO Bachtell announced plans to double the company's employee headcount from 300 to 600 by the start of 2020 to meet recreational demand, which he estimated would initially be "four to eight times" the size of the medicinal cannabis ...