NOTEBOOK – One Good Read: Border towns take a gamble on marijuana tourism draw in Illinois
KATE HAYDEN Sep 30, 2019 | 4:05 pm
<1 min read time90 wordsBusiness Record Insider, Culture, The Insider Notebook
As Illinois prepares for recreational marijuana sales to start Jan. 1, the state’s border towns are fielding calls from retailers looking to capitalize on the perfect marijuana tourism site, reports the Chicago Tribune. Under the new law, municipalities have the option to ban recreational marijuana sales, but many towns are grappling with whether the tax revenue from weed sales with outweigh potential downsides. South Beloit, Ill.., approved plans for a new store on Tuesday, and will benefit from a 3% municipal tax on sales, the maximum the state allows.
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