Pritzker Administration Announces
First Month Sales Totals for Adult Use Cannabis
State’s new adult-use cannabis industry
generated nearly $40 million in sales in first 31 days
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[February 05, 2020]
The Illinois Department of Financial and Professional Regulation has
announced that statewide adult-use cannabis sales in January totaled
$39,247,840.83. 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. A portion of every cannabis sale will be reinvested
in communities harmed most by the failed war on drugs.
“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,” said Toi Hutchinson, Senior Advisor for Cannabis Control to
Gov. Pritzker. “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.”
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Last month, the Illinois Department of Agriculture (IDOA) released applications
for cannabis infuser, craft grower and transporter licenses. The applications
are available on the Department's website here. IDOA will begin accepting
completed applications on Friday, February 14 and all cannabis infuser,
transporter and craft Grower applications must be submitted by 5 p.m. CST on
Monday, March 16, 2020.
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. In the coming weeks, IDOA will be partnering with the
Department of Commerce and Economic Opportunity to provide information workshops
across the state to answer questions and assist interested applicants.
Additional information about the timing and location of workshops will be
available in the coming days.
[Illinois Office of Communication and
Information] |