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Illinois cannabis market sets new sales record in 2024, generates nearly $500M in tax revenue
['Nic Flosi']
Latest News | FOX 32
The Brief Illinois cannabis sales exceeded $2 billion in 2024, a 2.5% increase from the previous year.
Illinois’ legal cannabis industry continues to thrive, with sales surpassing $2 billion in 2024, marking the fourth consecutive year of record-setting revenue, state officials announced Thursday.
Illinois Cannabis SalesWhat we know:The Illinois Department of Financial and Professional Regulation (IDFPR) reported that adult-use cannabis sales reached a record $1.722 billion last year, while medical cannabis sales exceeded $285 million.
In total, dispensaries sold more than 56.3 million cannabis products, breaking the previous record by 13%.
"We look forward to the continued growth and success of Illinois’ cannabis industry," said Cannabis Regulation Oversight Officer Erin Johnson.
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