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Sunday, November 17, 2024

Cannabis sales show steady growth in July and August 2024

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Mario Treto, Jr. Secretary at Illinois Department of Financial and Professional Regulation | Twitter Website

Mario Treto, Jr. Secretary at Illinois Department of Financial and Professional Regulation | Twitter Website

Adult use cannabis sales figures for July and August 2024 have been released, showing continued strong performance in the market.

In July 2024, a total of 4,134,393 items were sold, resulting in $110,906,006.46 in sales to in-state residents and $32,438,177.61 to out-of-state residents. The combined total for the month was $143,344,184.07.

August 2024 saw an increase with 4,285,598 items sold. In-state resident sales amounted to $114,324,610.40 while out-of-state resident sales reached $33,067,122.63. The total sales for August were reported at $147,391,733.03.

The data reflects consistent growth compared to previous months of the year:

- January: 3,551,727 items sold; total sales of $133,787,753.89.

- February: 3,636,925 items sold; total sales of $135,571,931.44.

- March: 4,048,897 items sold; total sales of $148,872,065.12.

- April: 4,140,350 items sold; total sales of $144,511,466.85.

- May: 4,112,540 items sold; total sales of $146,229576.98.

- June: 4 ,006 ,004 items sold; total sales of $141 ,752 ,141 .71 .

This year-to-date data highlights a steady demand for adult-use cannabis products among both in-state and out-of-state consumers.

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