Illinois Cannabis Sales Totaled Nearly $35 Million in February

CHICAGO—The Illinois Department of Financial and Professional Regulation reported on Wednesday preliminary numbers indicate statewide adult-use cannabis sales in February totaled $34,805,072.01.

Dispensaries across the state sold 831,600 items over the 29-day period. Sales to Illinois residents totaled $25,615,371, while sales to out-of-state residents totaled $9,189,701.01. Those figures do not include taxes collected.

The February sales totals compared to $39,247,840.83 in statewide adult-use cannabis sales in January. Dispensaries across the state sold 972,045 items over the 31-day period. Sales to Illinois residents totaled $30,611,632.22, while sales to out-of-state residents totaled $8,636,208.61.

Commenting on the February cannabis sales data, Toi Hutchinson, senior advisor for cannabis control to Illinois Gov. JB Pritzker, says, “These numbers show there continues to be a strong demand across the state as the most equity-centric cannabis program in the country moves forward in Illinois. As the adult use cannabis industry continues to grow, so will the number of opportunities for consumers and entrepreneurs alike—especially those from communities who suffered the most during the failed war on drugs.”

A portion of every cannabis sale will be reinvested in communities harmed most by the failed war on drugs, state officials note.

The Illinois Department of Agriculture is currently accepting applications for cannabis infuser, craft grower and transporter licenses. All applications must be submitted by 5 p.m. CST on Monday, March 16, 2020. The applications are available on the department’s website.

Social equity applicants will receive additional points on their application and are eligible to receive technical assistance, grants, low-interest loans and fee reductions and waivers.