Illinois Department of Revenue

06/29/2026 | Press release | Archived content

FY 2026-32, Updates for the Medical Cannabis Tax Effective July 1, 2026

Public Act (P.A.) 104-0463 amends the process for calculating tax on the Medical Cannabis Cultivation Privilege Tax.

Beginning July 1, 2026:

  • the tax imposed is on the privilege of cultivating medical cannabis at the rate of 7% of the taxable receipts from the first sale of medical cannabis by a cultivator.

From January 1, 2014, through June 30, 2026:

  • the tax imposed was on the privilege of cultivating medical cannabis at the rate of 7% of the sales price per ounce.
Illinois Department of Revenue published this content on June 29, 2026, and is solely responsible for the information contained herein. Distributed via Public Technologies (PUBT), unedited and unaltered, on August 05, 2026 at 16:39 UTC. If you believe the information included in the content is inaccurate or outdated and requires editing or removal, please contact us at [email protected]