In January licensed marijuana retail outlets in Illinois sold over $150 million worth of product.
There was a total of $158.1 million worth of legal marijuana sold in January, according to data just released by the Illinois Department of Financial and Professional Regulation. $133.8 million of this was purchased by recreational consumers, with $24.3 million purchased by medical marijuana patients.
The $158.1 million is considerably lower than the record-breaking $181 million sold in December, but it’s slightly higher than the $155.5 million sold in January, 2023.
Of the $133.8 million in recreational (“adult use”) marijuana sales for December, $29.7 million was purchased by those visiting from outside the state, while $04 million was purchased by Illinois residents.
The average price per gram of recreational marijuana in January was was $9.18, a $0.66 decrease fromt he $9.84 average in December. The average price per gram of medical marijuana increase from $8.04 to $8.84.
Marijuana was legalized in Illinois in 2019. The law allows residents aged 21 and older to possess up to 30 grams of dried marijuana, five grams of cannabis concentrate and no more than 500 milligrams of THC contained in a cannabis-infused product. Non-residents can possess up to 15 grams of dried marijuana, 2.5 grams of cannabis no more than 250 milligrams of THC contained in a cannabis-infused products for non-residents.
