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News Release – Wednesday, July 10, 2024
State of Illinois Celebrates $1 Billion in Cannabis Retail Sales
Illinois cannabis industry continues to lead social equity efforts nationwide
CHICAGO – Governor JB Pritzker announced today that Illinois reached $1 billion in cannabis retail sales on July 1, 2024. This includes more than $850 million in adult use cannabis sales and almost $150 million in medical cannabis sales. This milestone was achieved nearly two weeks faster in 2024 compared to 2023, when the $1 billion sales mark was not reached until July 10. Additionally, Fiscal Year 2024 saw total cannabis sales exceed $2 billion, which represents an increase from Fiscal Year 2023 ($1.9 billion) and Fiscal Year 2022 ($1.8 billion). A complete month-by-month breakdown on cannabis sales in Illinois may be found online here.
“Illinois has the most equitable cannabis industry in the country and it’s growing and thriving,” said Governor JB Pritzker. “The increase in total adult-use cannabis sales, combined with the policies my administration is implementing to support communities ravaged by the War on Drugs, highlights how this emerging industry is helping us set a national standard in equity and economic justice. Growing sales in 2024 means cannabis tax revenue will continue to play a major role in righting decades of wrongs in the state’s criminal justice system.”