February marijuana sales topped sales for January, despite the month being two days shorter.
According to the Illinois Department of Financial and Professional Regulation, there was $160 worth of marijuana sold legally in February. This includes dried marijuana flower as well as a variety of marijuana products including concentrates, edibles and topicals.
The roughly $160 million in marijuana sales in February is a slight increase over the $158.1 million sold in January, and it’s an increase of over $12 million from the total sales for February, 2023.
$135.6 million of the $160 million in February marijuana sales was purchased for recreational use. Patients in February purchased $24.4 million worth of medical marijuana.
Of the $135.6 million in recreational marijuana sales for February, $31.1 million was purchased by those visiting from outside the state.
The average price per gram of recreational marijuana in January was was $9.41, an increase of roughly $0.23 from the average for January. The average cost per gram of marijuana concentrates increased from $62.06 to $62.80.
Marijuana was legalized in Illinois in 2019, with the first marijuana store opening the following year. The law allows residents aged 21 and older to purchase up to 30 grams of dried marijuana, five grams of marijuana concentrates and up to 500 milligrams of THC contained in a marijuana-infused product. Non-residents can possess up to 15 grams of dried marijuana, 2.5 grams of marijuana concentrates and edibles with up to 250 milligrams of THC.
Earlier this month the Illinois Medical Cannabis Advisory Board gave initial approval to petitions to add both female orgasmic disorder (FOD) and endometriosis as qualifying medical marijuana conditions.
