The legalization of marijuana has been an ongoing question in Illinois for the past several years. And now, the movement to legalize may have just received another strong voice of support. That’s because Chicago Mayor Rahm Emanuel just announced a new idea that would use taxes from legal weed sales to fund city pensions.
Mayor Emanuel Wants to Legalize Weed
Earlier this morning, Mayor Emanuel announced a new plan to address the city’s growing problems keeping up with pensions. Interestingly, the legalization of recreational cannabis was one of the central pieces of his plan.
As reported by local news sources, Emanuel wants the state of Illinois to legalize recreational marijuana. This would allow the state to establish a framework for regulating and taxing cannabis retail, which Emanuel said would bring state and local governments much-needed revenue.
Speaking at a meeting with the Chicago City Council, Emanuel said that he plans to urge state lawmakers to consider legalization.
Emanuel said that if weed became legal in Illinois, he would be able to earmark a portion of the new tax revenues to fund city pensions. Further, he told City Council members that this plan would be a good way to generate new