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You are at:Home»Business»Illinois Cannabis Sales Exceeded $2B In 2024
Business

Illinois Cannabis Sales Exceeded $2B In 2024

adminBy adminFebruary 7, 2025No Comments2 Mins Read
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Illinois Cannabis Sales Exceeded $2B In 2024
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Illinois cannabis dispensaries sold more than $2 billion worth of cannabis in 2024, including $1.722 billion in adult-use sales and more than $285 million in medical cannabis sales, according to data from the Illinois Department of Revenue. It was the fourth consecutive record-setting year in annual cannabis sales, and the state collected more than $490 million in cannabis tax revenue for the year.

“The numbers are clear: five years after we legalized adult use cannabis in Illinois, we’re seeing the economic impact of a thriving cannabis industry. With $2 billion in record-setting sales and $490 million generated in tax revenue, our first-in-the-nation equity-focused cannabis industry is the result of my administration’s policies, which prioritized repairing the damage done by the failed War on Drugs, creating more good-paying jobs, and building a safe, equitable, and prosperous business sector — making Illinois by far the national leader in diverse ownership for this industry.” — Pritzker, in a press release

There are 244 adult-use retail operators in Illinois, including 134 social equity licensees.

“The continued success of adult use cannabis sales highlights how equity-focused policies can create meaningful change,” Lt. Governor Juliana Stratton said in a statement.

In January, health officials added four new conditions to the state’s list of qualifying conditions for the medical cannabis program, including endometriosis, ovarian cysts, uterine fibroids, and female orgasmic disorder.

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