Adult-use marijuana sales remain high at $35.9 million in March in Illinois
IllinoisMarijuana Industry NewsMedical MarijuanaRecreational Marijuana April 3, 2020 MJ Shareholders 0
More than $109 million of marijuana products were purchased in Illinois in the first three months of legalization, and the third month of sales was on par with the first two despite a stay-at-home order being in place for 11 days in March.
Preliminary numbers show statewide adult-use cannabis sales in March totaled $35.9 million, according to a news release Thursday from the Illinois Department of Financial and Professional Regulation. Dispensaries across the state sold more than 812,000 items over the 31-day period. The March sales topped February’s $34.8 million and fell short of January’s $39.2 million.
Illinois residents bought about $27 million of marijuana products in March, while out-of-state residents purchased about $8.8 million. None of the figures include taxes collected, and they are not broken down in sales before the implementation of the March 20 stay-at-home order levied by Gov. JB Pritzker or after. That order did not apply to cannabis sales, which were deemed essential.
Per the release, both medical and recreational marijuana were deemed essential “to ensure the cannabis supplier industry protects medical cannabis patients during the COVID-19 pandemic,” and because revenue generated by adult-use sales funds social justice and equity goals that are “at the core of Illinois’ adult use law.” [Read more at Northwest Herald]
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