Breaking records has become a monthly tradition for Illinois’ still-young recreational cannabis market. Just as with June, and May before that, July represented a new-high for weed sales in the Land of Lincoln.
Marijuana shops in the state raked in nearly $61 million last month, according to the Chicago Tribune, eclipsing the $47.6 million generated in June. That June figure was previously the high-water mark for Illinois, beating May’s tally of $44.3 million in adult use pot sales. The Tribune cited experts who “expected high sales numbers from the new industry, factoring in Illinois’ population, vast tourism industry and the lack of legal weed sales in neighboring states.” In total, Illinois’ recreational marijuana dispensaries, which opened for business on New Year’s Day, have “sold about $300.1 million in recreational weed this year,” according to the Chicago Tribune.
In June, according to local sources, Illinois’ marijuana shops sold 994,545 items, with the average purchase coming to about $48 (not including additional taxes). A little more than $35 million of the June revenue was generated by Illinois residents, while the remaining $12.4 million came from out of state customers.
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Illinois Adult-Use Cannabis Sales Reached Nearly $61 Million In July
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