As Indiana lawmakers study economic impact of marijuana this summer, Illinois and Michigan are reaping hundreds of millions in revenue
Neighboring states Illinois and Michigan harvested hundreds of millions in tax revenue from recreational pot sales last year. Both will reap hundreds of millions more in 2023.
Michigan doesn’t track out-of-state purchases, but one dispensary owner tells WRTV that out-of-state visitors make up about half of her shop’s sales. "If I were an Indiana resident, I would tell Indiana politicians: 'Hey, you guys are leaving a huge amount of money on the table,'" McFarlane said. By holding back as states around Indiana legalize, Khoury said, our state is missing out on high-paying cannabis industry jobs in chemistry and agricultural fields. If the federal government makes it legal, he said states like Illinois and Michigan would ship pot to Indiana, cutting out the Hoosier growers and local jobs.
The Centers for Disease Control says marijuana use has been linked to social anxiety, depression, suicide and schizophrenia. "It's backwards for us," said Indiana Sen. Rodney Pol, a Democrat from Chesterton in northern Indiana."It's not as if we're a guinea pig. We can see what the impact was on workforce development. We can see what the impact was on potentially teen use. And there's so much that we can learn."
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