January 20, 2020 — CannaMag
Chicago’s Cannabis Tax Could Reach as High as 41% By This Summer
A 3% tax on cannabis retailers was approved by a Cook County panel is expected to be approved by the full Board of Commissioners meaning taxes on some pot products in Chicago could exceed 41% by the summer.
That 3% would be in addition to the city’s 3% planned tax and state excise taxes of 10-25%, based on the level of THC.
See the original article at Chicago Sun-Times