The first month totals for adult-use cannabis sales in Illinois have been released.
The Illinois Department of Financial and Professional Regulations has announced that dispensaries in the state sold a total of 972,045 items over the initial thirty days of legalized sales, bringing in a total of $39,247,840.83.
Illinois residents accounted for the majority of purchases, having bought $30,611,632.22 worth of cannabis products in the first month.
Visitors to the state accounted for $8,636,208.61 of adult-use cannabis purchases in January.
“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,” says Governor Pritzker’s Senior Advisor for Cannabis Control 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.”
On Friday, February 14, the Illinois Department of Agriculture (IDOA) will begin accepting completed applications for craft grower, infuser, and transporter licenses.
IDOA made the applications for the licenses available in January.
Social equity applicants are eligible to receive technical assistance, low-interest loans, fee reductions, waivers, and grants.
Additional points are granted to social equity applicants on their applications as well.
The Department of Commerce and Economic Opportunity is partnering with IDOA and will soon release information regarding the time and location of upcoming informational workshops, which will focus on assisting applicants and answering questions.
Under state law, a portion of all cannabis sales is to go toward assisting communities that have been harmed the most by marijuana criminalization.