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State collects $10 million in tax revenue during first month of adult use cannabis

The Illinois Department of Revenue announced on Monday that adult-use cannabis sales generated $7.3 million in cannabis tax revenue during the month of January, with an additional $3.1 million generated in retail sales tax revenue. 

Gov. JB Pritzker’s recently released budget estimated the state would collect $28 million in cannabis tax revenue during the remainder of the fiscal year, ending June 30. The January figures suggest the state is on track to surpass that estimate.

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