According to the website Headset, the average item price in Illinois is currently 89% higher than the rest of the U.S. market. With a tax of over 31%, only the state of Washington is higher.
Amanda Reiman with the marijuana analytics company New Frontier Data said if Illinois lowered the taxes on cannabis, it may attract more sales and keep their core consumers. The state of Illinois made $445 million in tax revenue from the sale of legal marijuana in the last fiscal year.
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