Illinois collects $52M in taxes from legal marijuana sales in first half of 2020

SPRINGFIELD, Ill. -- The state of Illinois has collected $52 million in taxes from legal adult-use marijuana sales.

Gov. J.B. Pritzker's office says Tuesday that $34.7 million is coming from excise taxes.

The state charges a variety of taxes on marijuana depending on the amount of THC, the ingredient that gets you high. Tax ranges from 10% - 20% at retail locations.

The state also charges a 7% tax to cultivators on the sale of cannabis to retailers.

The Cook County Board approved an additional 3% tax on recreational marijuana sales throughout the county. That tax went into effect July 1.

Sales taxes that will be shared with local governments account for $18 million.

Nearly $26 million in excise and sales taxes will be directed to the state's general fund.

More than $239 million in recreational marijuana has been sold in Illinois since Jan. 1 when it was legalized.