Illinois sold more than 1.5 billion cannabis in 2022

Must read

- Advertisement -

Adult cannabis sales in the small state of Illinois, population 12.7 million, exceeded $1.55 billion in 2022, a new record and a 12% increase from 2021 and 131% from 2020. Illinois has 113 licensed dispensaries in the state.

In a press release announcing the figure, Democratic Gov. JB Pritzker said that when he signed the state legalization law into law in 2019, the administration “set an ambitious goal: to create the industry of most equitable and economically prosperous cannabis in the nation. »

Last year, the governor said, the first adult cannabis dispensaries run by people with cannabis-related legal issues opened, which Pritzker says paves the way ” to an even stronger 2023. »

In all, 3 adult-use cannabis dispensaries opened in the past year, while another 189 conditional licensees are in the process of obtaining their full dispensary license from state regulators.

Mario Treto, Jr, secretary of the Illinois Department of Financial and Professional Regulation (IDFPR), noted that 2022 marked the second consecutive year that the state’s cannabis industry experienced “record growth.” »

“We are excited for what the future holds for the fairest cannabis industry in the country. We are optimistic that the industry will only continue to thrive in 2023 as we welcome more dispensaries to Illinois,” said Mario Treto, Jr.

Statistics compiled by the IDFPR show that 2021 sales totals were all surpassed in November 2022. A total of 36,435,129 items were sold at Illinois adult-use cannabis dispensaries last year, an increase of 20% compared to 2021.

Additionally, sales to Illinois residents totaled $1,073,132,436, an increase of nearly 14% over 2021, while sales to out-of-state residents totaled $479,192,383. an increase of almost 10% compared to 2021.

- Advertisement -

More articles

Leave a Reply

Latest article