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The Illinois Experiment in Legal Cannabis so Far

Cato Podcast

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What Should Illinois Do Now?

Illinois has the third highest average effective tax rate on legal marone. The only states that are higher are washington and california in terms of the average effective tax rates. But our system is also very complicated, so we're the only state that taxes it higher based on thc content. It's also one of just three states where we havea s both at the consumer, at the point of sale, on the consumer, and business to business at the wholesale level.

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