Is weed legal in Illinois? IL marijuana sales have fallen sharply since hitting a record high in December.
Massive monthly receipts had been one of the few bright spots for Illinois' highly regulated recreational pot program, which has generated over $2 billion in sales over its first two years despite some month-to-month dips.
With an eighth-ounce of flower still selling in some cases for $80 after taxes, Seeger said bringing down prices ultimately relies on state officials"getting out of the way and really allowing competition." Until then, Seeger noted, the state's robust black market will remain dominant. Hendon insisted the state is losing out on $1 billion in cannabis revenue as members of the group pressed legislators to support a variety of bills. Among other things, the proposals would create a streamlined cannabis oversight commission; allow licensed transporters to make home deliveries; remove barriers for those looking to work in the industry and expand both the capacity for craft weed growers and the rules for public consumption.
Malaysia Latest News, Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Nearly $5M worth of illegal drugs seized by Lake County, IL Sheriff's Office in 2021Among the busts, officials said SIG seized 54 illegally possessed firearms, dismantled a street gang and prevented bloodshed by stopping two-drive by shootings that has been ordered by a gang.'
Read more »
Families of those who died from COVID-19 at vets home in LaSalle, IL speak out: 'They had no plan'The family members of 27 veterans are part of lawsuits just filed against LaSalle Veterans Home, the state of Illinois, the Illinois Department of Veterans' Affairs and several other staff members at the long-term care facility.
Read more »
Oil prices are suddenly dropping in a reversal. Gas prices could be nextOil prices have suddenly reversed course, falling almost as quickly as they rose in the early days of the Russian invasion of Ukraine. Go deeper ➡️
Read more »
Lennar revenue beats on soaring home prices; shares upLennar Corp beat market estimates for quarterly revenue on Wednesday, helped by record-high property prices as demand continued to outpace supply that was hit by raw material and labor shortages.
Read more »
Gold Technical Analysis: Breaking Important Support LevelsFor five trading sessions in a row, gold prices are falling amid profit-taking sales.
Read more »