In just a few months, recreational marijuana will be legal in Illinois. One Tri-State town is looking at it as an opportunity for economic growth.
Macomb Mayor Mike Inman said the city is setting the stage for someone to build a cannabis-related business.
In order to do that, city council is discussing a three percent sales tax on all cannabis products sold in Macomb. Inman said this is an opportunity for growth, as that money could go toward things like infrastructure and overtime for police officers.
“There would be an anticipation that sooner or later, whether it’s January 1, sometime next year or some time in 2021, that there would be someone looking to establish a a cannabis retail outlet here in Macomb and we’re setting the stage for that to occur and for us to be able to generate additional sales tax revenue from it,” Inman said.
Inman said if the ordinance passes, they would work out any zoning issues.
The council plans to vote on the ordinance September 3.
The city of Macomb must make a decision before October, in order for the sales tax to take effect starting January 1.
Inman said there are no immediate plans to start a cannabis-related store, but he has talked to a couple people who are interested.