CHICAGO (WTWO/WAWV) – In just one month, Illinois cannabis dispensaries sold nearly $40 million worth of product.
Adult-use cannabis sales became legal Jan. 1, and according to the Illinois Department of Financial and Professional Regulation, dispensaries across the state sold 972,045 items totaling $39,247,840.83 for the 31-day period.
Sales to Illinois residents accounted for $30,611,632.22 of the total.
A portion of every cannabis sale will be reinvested in communities harmed most by the failed war on drugs, according to a press release from Gov. JB Pritzker’s office.
“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.”
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 Friday, Feb. 14, and all cannabis infuser, transporter and craft Grower applications must be submitted by 5 p.m. CST Monday, March 16.