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Cannabis sales higher than ever in Illinois, exceeded $2B in 2024

Illinois reported record cannabis sales exceeding $2 billion in 2024, marking the fourth consecutive year of record-setting revenue, as announced by state officials.
Adult-Use cannabis sales reached $1.722 billion, while medical cannabis sales exceeded $285 million, according to the Illinois Department of Financial and Professional Regulation.
Total cannabis items sold surpassed 56.3 million, breaking the previous record by 13%, as stated in the report.
Governor JB Pritzker highlighted the economic impact of the cannabis industry, generating over $490 million in tax revenue and creating jobs, while raising concerns about unregulated products undermining the legal market.

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WirePoints Illinois Financial News

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Cannabis sales higher than ever in Illinois, exceeded $2B in 2024 – WCIA (Champaign)

Lieutenant Governor Juliana Stratton said that the success of the sales shows that polices focused on equity can create “meaningful change.”

2 months ago

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WTWO News

Center

Cannabis sales higher than ever in Illinois, exceeded $2B in 2024

ILLINOIS (WCIA) -- As the fifth anniversary of the legalization of "adult use cannabis in Illinois" rolls around, the state is celebrating the fourth year of record-setting sales. On Thursday, the Illinois Department of Financial and Professional Regulation (IDFPR) announced that over $2 billion of cannabis product was sold in 2024. This was a 2.5% increase from last year. Protesters converge on Illinois Capitol as tensions over Trump actio…

2 months ago

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Marijuana Moment

Lean Left

Illinois Governor Touts Record $2 Billion In Marijuana Sales In 2024, Celebrating ‘Thriving’ Industry Despite Intoxicating Hemp Market Concerns

The governor of Illinois is touting the state’s record-setting $2 billion in marijuana sales in 2024, applauding the “thriving” industry while criticizing the “proliferation of the unregulated intoxicating hemp market.” Of the $2 billion, a record $1.722 billion came from adult-use cannabis sales. That’s more than double the first year of sales following the market launch in 2020. And last year’s total translated into over $490 million in mariju…

2 months ago

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WAND-TV

Center

Illinois cannabis sales hit record high 4th year in a row

CHICAGO (WAND) — On Thursday, the Illinois Department of Financial and Professional Regulation (IDFPR) announced that 2024 marked the fourth consecutive year of record-setting sales.

2 months ago

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MYSTATELINE

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Illinois cannabis sales top $2B, set new record

CHICAGO, Ill. (WTVO) — Five years after Illinois legalized recreational use of marijuana, the state has announced a record $2 billion of cannabis product was sold in 2024, a 2.5% increase over 2023. The Illinois Department of Financial and Professional Regulation said medical cannabis sales exceeded $285 million. Sales tax collected at Illinois dispensaries totaled more than $490 million in 2024, according to the Illinois Department of Revenue. …

2 months ago

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WMBD

Center

Illinois reports record-breaking cannabis sales in 2024

CHICAGO (WMBD) -- For the fourth year in a row, the state of Illinois has seen record-breaking cannabis sales across the state. According to the Illinois Department of Financial and Professional Regulation, dispensaries reported that more than $2 billion worth of cannabis products was sold in 2024. This is a 2.5% increase from 2023. Of those sales, about $1.722 billion was in adult-use cannabis sales and more than $285 million in medical cannabi…

2 months ago

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