Illinois Cannabis Sales Doubled in 2021

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Summary

The first year of legal cannabis sales in Illinois was a roaring success, but it turns out the second year was even better. Last year, $943,013,285.67 of the cannabis sales came from Illinois residents, while $436,176,093.93 came from out-of-state residents. That was also the case in 2020, when the $86,857,898.27 worth of cannabis sales made December the highest-grossing month of that year. Because of the work of the people here today and so many more all across our state, Illinois is moving forward with empathy and hope.” I’m so proud that our state is leading with equity and justice in its approach to cannabis legalization and its regulatory framework.

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The first year of legal cannabis sales in Illinois was a roaring success, but it turns out the second year was even better. 

Twice as good, in fact.

A report from the grimly named Illinois Department of Financial and Professional Regulation (IDFPR) showed that adult-use cannabis sales in the state totaled $1,379,088,278.61 in 2021––more than double the figure from the opening year of sales in 2020, which were roughly $669 million. 

The figures released by the IDFPR provide insight into the quantity of cannabis products...

Read the full article @ High Times