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Saturday, December 21, 2024

Cannabis sales rise in November with increased item count and revenue

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

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

Adult-use cannabis sales figures for November 2024 have been released, showing a significant increase compared to the same month in the previous year. The data highlights continued growth in both the number of items sold and total sales revenue.

In November 2024, a total of 4,360,330 cannabis items were sold. Sales to in-state residents amounted to $117,249,252.00, while out-of-state resident sales reached $32,035,478.95. The overall sales total for November was $149,284,730.95.

This marks an improvement from November 2023 when 3,769,071 items were sold. In that month last year, in-state resident sales totaled $105,457,293.74 and out-of-state resident sales were at $33,643,082.34. The combined sales for November 2023 amounted to $139,100,376.09.

The upward trend reflects increased consumer demand and suggests robust market performance as we head into December and beyond.

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