Business & Tech

Marijuana Sales Tax Is Increasing In This McHenry Co. Town

Village officials in Lake in the Hills have approved a 1% increase in the sales tax on marijuana.

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RISE Dispensary is McHenry County's longest-running marijuana dispensary and is located in Lake in the Hills. The dispensary opened in 2021.
RISE Dispensary is McHenry County's longest-running marijuana dispensary and is located in Lake in the Hills. The dispensary opened in 2021. (GoogleMaps)

LAKE IN THE HILLS, IL — Lake in the Hills has raised its local cannabis dispensary tax to 3%, which is the maximum amount allowed under state law. The 1% hike will bring Lake in the Hills to the same taxinglevel as all other municipalities in McHenry County that have a dispensary and also a population of more than 5,000 residents, according to Shaw Local News Network.

In addition to the local tax, McHenry County also has a 3% sales tax on marijuana.

More via Shaw Local News Network

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