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Illinois made nearly $40 million in first month of recreational marijuana sales

MGN - Marijuana sales - 122020

CHICAGO - Adult-use marijuana sales are booming in Illinois.

The Illinois Department of Financial and Professional Regulation says the new cannabis industry brought in $39.2 million in the first month of sales. Dispensaries across the state sold 972,045 cannabis items in January.

The IDFPR says Illinois residents accounted for roughly $30.6 million, while out-of-state customers cashed in $8.6 million.

"The successful launch of the Illinois' legal cannabis industry represents new opportunities for entrepreneurs and the very communities that have historically been harmed by the failed war on drugs," said Cannabis Control Senior Advisor Toi Hutchinson. "The administration is dedicated to providing multiple points of entry into this new industry, from dispensary owners to transporters, to ensure legalization is equitable and accessible for all Illinoisans."

Applications are currently available for cannabis infusers, craft growers and transporters. The Illinois Department of Agriculture will start accepting applications on Friday, February 14. The IDOA says the application deadline is March 16.

Mike Miletich

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