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.