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Regulatory Update: Illinois, Connecticut, Arizona


The Prairie State took $31.5 million from cannabis tax revenue to support social justice initiatives.
According to Marijuana Moment, $28.3 million will be granted to service delivery, while $3.1 million will be used to sponsor “assessment and planning initiatives,”
Illinois officials provided the grant money to communities that have been negatively affected by the war on drugs. These funds are contained in the state’s Restore, Reinvest, and Renew (R3) program that was formed in accordance with Illinois adult-use cannabis legalization law.
Some 25% of cannabis tax dollars must be placed in that fund to further support those deprived of legal assistance and finances, or in need of community reentry.   ....

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