Third year and running of record-setting cannabis sales

 

January 17, 2024



The Illinois Department of Financial and Professional Regulation (“IDFPR”) announced on Jan. 11 that adult use cannabis sales set a new annual record in 2023, exceeding $1.6 billion. Records were also set in sales to in-state residents and the number of items sold, with that total increasing more than 15 percent compared to 2022. Sales taxes collected at Illinois adult use cannabis dispensaries totaled $417.6 million in 2023, per the Illinois Department of Revenue (IDOR).

“From day one, my administration has put equity first to build the most accessible cannabis industry in the natio...



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