Illinois: $1.5 Billion in Marijuana Sold in 2022, Over $440 Million in Taxes

2022 set adult use cannabis sales records “in all categories it tracks”, according to the Illinois Department of Financial and Professional Regulation (IDFPR).

In total there was $1,552,324,820 in marijuana and marijuana products legally sold in Illinois in 2022, a 12% increase from 2021 and a 131% increase from 2020.

“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,” said Governor J.B. Pritzker in a press release. “Our data from 2022 shows that we are well on our way towards making that idea a reality.”

The $1.5 billion in marijuana sold garnered $445 million in taxes for the state, a 50% increase from the year prior.

Of the $1.5 billion sold roughly $1 billion came from Illinois residents, with the remainder being from those visiting the state.

“Not only did we break our previous sales record by more than 12 percent 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″, said the governor.

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