Illinois Marijuana Retailers Sold $2 Billion Worth Of Legal Products In 2023
That $2 Billion included a record for sales in December
Illinois marijuana retailers set new monthly sales records to close out 2023, selling $181.8 million worth of cannabis products during December, including a record $153.9 million in adult-use purchases. Sales of medical marijuana in December were at their highest since April, at $27.9 million.
All told, legal cannabis sales for 2023 set a new annual record, reaching just under $2 billion, including more than $1.6 billion from the state’s adult-use market, which launched four years ago.
Recreational marijuana sales generated $417.6 million in tax revenue for the state in 2023, according to the Illinois Department of Revenue.
“From day one, my administration has put equity first to build the most accessible cannabis industry in the nation,” Gov. J.B. Pritzker (D) said in a press release announcing the fiscal data on Thursday. “Our work will continue to repair past harm while providing opportunities for communities across the state and creating a more prosperous future.”
“The legalization of adult use cannabis was the start of uplifting the communities most impacted by the failed war on drugs,” Lt. Gov. Juliana Stratton (D) said. “The benefits from these sales will be used to continue investing in our economic growth in historically disinvested populations.”
The new records come after a more minor one set in November: the most-ever marijuana sales to in-state residents, as reported by the Illinois Department of Financial and Professional Regulation (IDFPR). Last month’s new numbers set yet another record for purchases from state residents, coming in at $117.9 million.
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