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Illinois legal marijuana revenue fails to meet government expectations

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Two years into Illinois’ experiment with legalized recreational marijuana, high taxes and restrictive licensing have let $600 million in potential revenue go up in smoke, as well as failed to snuff out the illegal market as proponents had hoped.

The Illinois Policy Institute’s Vice President of Policy Adam Schuster joined WAND-TV to discuss his latest research.

Further reading: https://www.illinoispolicy.org/illinois-half-baked-marijuana-legalization-costs-state-600m/

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