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Benzinga
Benzinga
Business
Joana Scopel

Illinois Awards $45M In Cannabis Tax-Funded Grants To Support Community Reinvestment

Illinois Marijuana

On Thursday, Illinois officials announced - through the Restore, Reinvest, and Renew (R3) program - the awarding of $45 million in grants funded by marijuana tax revenue to support community reinvestment in areas “hardest hit by the failed war on drugs,” reported Marijuana Moment on June 24.

The Reach Of Cannabis Tax Revenue: Illinois’s adult-use cannabis legalization law established the R3 Program. This is the second round of funding that’s being made available through the state.

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