Pritzker Administration Announces
Second Month Sales Totals for Adult Use Cannabis
State’s new adult-use cannabis industry
generated nearly $35 million in sales in February
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[March 05, 2020]
The Illinois Department of Financial and Professional Regulation has
announced preliminary numbers show 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. These figures do not include taxes collected.
A portion of every cannabis sale will be reinvested in communities
harmed most by the failed war on drugs.
“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,” said Toi Hutchinson, Senior Advisor for
Cannabis Control to Gov. Pritzker. “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.”
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The Illinois Department of Agriculture (IDOA) 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 here.
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. IDOA will be partnering with the Illinois Department of
Commerce and Economic Opportunity (DCEO) to provide information workshops across
the state to answer questions and assist interested applicants. Dates and
information for any upcoming workshops may be found here.
[Illinois Office of Communication and
Information] |