Illinois Cannabis Sales Stall in August
New Cannabis Ventures
Tue, Sep 5
Key Points
- Illinois adult-use cannabis sales in August reached $139.2 million, down 0.6% from July and up 7.6% from a year ago.
- Year-to-date adult-use sales have increased by 4.7% in the first 8 months, reaching $1.06 billion.
- Sales to non-residents in August accounted for 24.6% of total sales, a decline from July's level of 25.6%.
- Overall, the cannabis market in Illinois remains strong, with steady growth in sales despite a slight decline in August.
Illinois adult-use cannabis sales in August were down a bit sequentially to $139.2 million, a decline of 0.6% from July. The gain was 7.6% from a year ago:
After increasing 106% in 2021 and then 13% in 2022, year-to-date adult-use sales are up 4.7% in the first 8 months to $1.06 billion.
During August, sales to non-residents were down from July’s level of 25.6% to 24.6%: