Illinois Strikes 2023 High Mark With $140 Million in July Sales

Illinois cannabis dispensaries have actually established a brand-new bar for the year after covering $140 million in sales for July, according to state numbers. The only various other time the Illinois marijuana market offered that much in a solitary month was December in 2014, when sales passed $143 million.

Yet afterwards record-breaking month, sales fell in January and also February prior to recoiling in March and also lastly rising over the summertime, according to information from the Illinois Division of Financial and also Expert Law. The Illinois market has actually had a harder time completing since Missouri introduced its entertainment cannabis market in February.

Yet in July, sales were up nearly $5 million from a year prior, when Illinois merchants marketed $135.6 million, and also raised nearly $4 million from June this year, when sales struck $136.4 million.

For the whole fiscal year thus far, the Illinois cannabis market has actually marketed $924.4 million.

In July, in-state homeowners made up the large bulk of sales, with $104.2 million, while out-of-state site visitors acquired $35.7 million in marijuana. The complete variety of items marketed was 3.5 million.

The grown-up usage market introduced in January of 2020. Clinical cannabis sales, which got to $ 27 million in June, are tracked by a various state firm, the Illinois Marijuana Law Oversight Police Officer. Clinical marijuana sales for July have actually not yet been launched.