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Gov. Pritzker announces record-setting year for adult use cannabis sales - Wand TV

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Date: 2023-01-06 19:02:46

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(WAND) - Governor JB Pritzker announced a record-setting year for adult use cannabis sales. 

The Illinois Department of Financial and Professional Regulation tracks adult use cannabis sales including the number of items sold, sales totals to Illinois and out-of-state residents, and sales total by month.

For the year, Illinois adult use cannabis dispensaries sold $1,552,324,820.37 worth of product, an increase of more than 12% from 2021 and 131% from 2020, the first year cannabis sales were first legally allowed in Illinois.

There are currently 113 adult use cannabis dispensaries in Illinois.

Three social equity dispensaries opened in 2022.

These figures do not include taxes collected.

“When I signed the Cannabis Regulation and Tax Act into law in 2019, we set out on an ambitious goal: to create the most equitable and economically prosperous cannabis industry in the nation. Our data from 2022 shows that we are well on our way towards making that idea a reality,” said Governor JB Pritzker.“Not only did we break our previous sales record by more than 12% with a total of more than $1.5 billion, we also saw the first of our social equity adult use cannabis dispensaries open their doors for business—paving the way for an even stronger 2023.”

“This marks the second straight year that Illinois’ adult use cannabis industry has seen record-setting growth, and we are excited for what the future holds for the most equitable cannabis industry in the country,” said Mario Treto, Jr., Secretary of the Illinois Department of Financial and Professional Regulation. “We are optimistic the industry will only continue to flourish in 2023, as we welcome more dispensaries to Illinois.”

Copyright 2023 WAND TV. All rights reserved. 

Original Source: https://www.wandtv.com/news/gov-pritzker-announces-record-setting-year-for-adult-use-cannabis-sales/article_a1b094f0-8dec-11ed-95eb-8f44798e4f5a.html