To get more states to legalize marijuana, the cannabis community has been convincing the people as well as the leaders by estimating the amount of tax revenue states could generate from the sale of legal weed. And from the look of things, lawmakers are starting to heed their cries as more and more states move to legalize either medical or recreational marijuana, or even both. However, the tax imposed on marijuana sales is too high in some states such that consumers are opting to buy weed from the black market where it is affordable. For Illinois residents, the better option now seems to be legal medical marijuana which is taxed at a lower rate.
Recreational marijuana sales were launched at the beginning of the year in Illinois, and customers have gotten a sticker shock after seeing some of the highest marijuana sales taxes in the U.S. Some cannabis consumers have sworn to stick to the black market until the legal markets offer them affordable prices. However, some of the consumers have devised a way to…
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