With Illinois going through a virtually $four billion price range deficit subsequent yr, lawmakers and hashish industry insiders have claimed the state is lacking out on greater than $100 million in tax income by blocking sure pot outlets from relocating.
While the state’s economic system has been upended by the coronavirus pandemic, hashish gross sales have remained a brilliant spot all through the disaster. Sales of leisure weed topped $500 million over the primary 10 months of full-on legalization, and whole month-to-month gross sales surpassed $100 million for the first time in October.
Nevertheless, some gamers in the state’s pot recreation say the industry has been hampered by Gov. J.B. Pritzker’s interpretation of the legalization legislation. Under his administration’s studying, present medical dispensaries aren’t allowed to maneuver with out shedding their probability to additionally promote leisure weed — even when they’re working in a metropolis or city that has barred these gross sales or they’ve outgrown their present areas.
Pam Althoff, a former state senator who leads the Cannabis Business Association of Illinois, mentioned lawmakers and state officers ought to prioritize resolving the problem, which has remained a contentious matter for greater than a yr. [Read more at Chicago Sun-Times]