Illinois

Fri
05
Mar

Illinois is on pace to sell over $1 billion in marijuana this year. Here are the February totals

woman in mask

The second year of recreational marijuana sales in Illinois is off to a fast start.

 

Through February, the state generated nearly $170 million in recreational sales, more than double the total from the first two months of 2020, according to the Illinois Department of Financial and Professional Regulation, which licenses marijuana dispensaries.

Thu
04
Mar

Cannabis Job Growth Up 32 Percent in 2020, Despite Covid-19

hand picking up cannabis buds from a white table

Leafly’s fifth annual cannabis jobs report showed the cannabis industry to support 321,000 full-time equivalent jobs in 2021! An incredible number for an amazing and highly-deserving industry.

Cannabis jobs aren’t accurately reported to the Department of Labor because it’s federally illegal, so in partnership with Whitney Economics, Leafly has been filling that gap since 2017! The result is a goldmine of knowledge, and always filled with incredible cannabis job data.

Wed
03
Mar

Illinois hemp growers struggle with COVID-19 pandemic

person picking hemp from field

The COVID-19 pandemic has hurt many industries in Illinois, including the production of hemp.

The Illinois Department of Agriculture reports 2,392 acres of industrial hemp, or 87% of the acres planted, were harvested last year. That was down from just over 2,800 acres in 2019, the first year hemp was legal in Illinois.

Illinois Division of Cannabis Manager David Lakeman said the hemp industry, like many others, was affected by the pandemic.

“The industry was dealing with workforce safety challenges, there were pandemic-related impacts on the market, there were also some initial issues with processing, and all those factors combined to make it a little bit of a difficult year for the industry,” Lakeman said.

Tue
02
Mar

Illinois 2020 Hemp Season Statistics

hemp field

The 2020 hemp season was a challenging one for growers in the US state of Illinois, reflected in recently released harvest statistics.

The Illinois Department of Agriculture (IDOA) final harvest numbers for the 2020 hemp growing season indicate 2,734 acres of hemp was planted, with 2,392 acres harvested. Last year, the total acreage harvested was 2,800 – so a significant drop that has been put down to COVID-19 and market related issues along with some processing problems initially.

Thu
25
Feb

Illinois cannabis sales providing Peoria Public Schools with more than $850,000

rolls of money with marijuana leaves

Once an illegal drug, cannabis is being channeled to help in a downtrodden area of town.

Taxation of legal cannabis sales in Illinois are providing Peoria Public Schools with $858,669 to help rebuild Peoria's south end.

Wed
24
Feb

These States Have The Highest Cannabis Sales Taxes In America

marijuana pilled on top of money

It can be argued that the high taxes are well-intentioned, signaling support for an inclusive cannabis market.

Due to ongoing federal prohibition, America’s cannabis regulations remain fragmented by state. Until reform occurs, states will continue to set their program frameworks, including how it taxes the supply chain, with consumers feeling the brunt directly by taxes or indirectly by retailers up-charging to offset costs.

Mon
22
Feb

Illinois: Marijuana Consumers Still Face Discrimination in Family Court

person with medical gloves using a gavel

By now most people are aware that Illinois passed sweeping legislation in 2019, which decriminalized cannabis for recreational use. The law also contains provisions to prevent discrimination in certain legal proceedings. But the anti-discrimination provision is not being widely followed by courts – at least not in some parts of the state.

Thu
18
Feb

32% Cannabis Job Growth In 2020, Despite COVID-19

hand rolling joint

In four years, the cannabis industry’s job growth has increased 161%, quickly beating predictions from other industries 10 years from now.

Leafly’s fifth annual cannabis jobs report showed the cannabis industry to support 321,000 full-time equivalent jobs in 2021! An incredible number for an amazing and highly-deserving industry.

Thu
18
Feb

These States Have The Highest Cannabis Sales Taxes In America

pile of money with a cannabis bud on top

It can be argued that the high taxes are well-intentioned, signaling support for an inclusive cannabis market.

Due to ongoing federal prohibition, America’s cannabis regulations remain fragmented by state. Until reform occurs, states will continue to set their program frameworks, including how it taxes the supply chain, with consumers feeling the brunt directly by taxes or indirectly by retailers up-charging to offset costs.

Wed
10
Feb

More than $205.4 million in cannabis taxes collected in Illinois as nonprofits receive first round of grants

hands cutting cannabis buds

About $31 million from adult-use cannabis taxes is going to nonprofits in Illinois as part of the Restore, Reinvest and Renew, or R3 program, and it’s not all going to Chicago.

Cannabis sales for January neared $90 million. Since adult-use sales began in January 2020, nearly $757.9 million in cannabis has been sold. The taxes on that can be more than 40%, depending on the potency and whether a local sales tax is added on to the state taxes.

For the state’s taxes, the total collected from January 2020 through last month totaled more than $205.4 million dollars.

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