In October there was $164.9 million in legal marijuana purchased in Illinois.
According to the Illinois Department of Financial and Professional Regulation, recreational marijuana sales in October were $138.7 million, slightly less than the $139 million sold in September. Medical marijuana sales on the other hand saw a very small increase to $26.2 million, up from $26 million.
Of the $138.7 million in recreational (“adult use”) marijuana sold in October, $33.8 million was purchased by those visiting from outside the state.
“Usable Marijuana” (dried flower) represented the most purchased category at $80.7 million, followed by marijuana extracts meant for inhalation (wax, shatter, etc.) at $53.9 million, and solid marijuana infused edibles at $21.6 million.
The average price per gram of marijuana in September was $9.63, beating the all-time low of $9.78 set last month. The average price per gram of marijuana extracts also reached an all-time low of $63.80, an almost $2 per gram decrease from September and roughly half of the $124.9 average in March, 2020.
Marijuana was legalized in Illinois in 2019, with the first marijuana store opening the following year. The possession limit for residents is 30 grams of cannabis flower, five grams of cannabis concentrate and no more than 500 milligrams of THC contained in a cannabis-infused product. The possession limit for non-Illinois residents is 15 grams of cannabis flower, 2.5 grams of cannabis no more than 250 milligrams of THC contained in a cannabis-infused products. The law, as with all other legal marijuana states, applies only to those 21 and older (though medical marijuana patients can be younger).
According to a recent report, Illinois has the third largest cannabis market in the country, but it also has some of the highest prices.
