Illinois races to $1 billion in cannabis sales faster this year than in 2023 ⋆ Patriots Hemp

Home / Blog / Illinois races to $1 billion in cannabis sales faster this year than in 2023

Share This Post

Business / Cannabis / CBD / Featured News

Illinois races to $1 billion in cannabis sales faster this year than in 2023

Illinois races to $1 billion in cannabis sales faster this year than in 2023

Total cannabis sales in Illinois surpassed $1 billion for the second consecutive year.

But it happened faster this year.

ADVERTISEMENT

Illinois’ marijuana industry reached the $1 billion sales mark on July 10 last year but hit that threshold this year on July 1, according to a news release from the office of Gov. JB Pritzker.

The 2024 total includes more than $850 million in adult-use sales and almost $150 million in medical marijuana sales.

The release also noted that for Illinois’ fiscal year 2024 (July 1, 2023- June 30, 2024), cannabis sales exceeded $2 billion, up from $1.9 billion in fiscal year 2023 and $1.8 billion in fiscal year 2022.

Statistics from the Cannabis Regulation Oversight Office show that 81% of the purchases

Read full article on Marijuana Business Daily



Share This Post

Leave a Reply

Your email address will not be published. Required fields are marked *

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <s> <strike> <strong>