Prairie State Wire

As Illinois marks the fifth anniversary of legalizing adult-use cannabis, the Illinois Department of Financial and Professional Regulation (IDFPR) has announced that 2024 witnessed another record year for cannabis sales. The state saw more than $2 billion in cannabis products sold, a 2.5% increase from the previous year. This marks four consecutive years of growth in the industry.

The total sales included a record $1.722 billion from adult-use cannabis, while medical cannabis sales surpassed $285 million. According to the Illinois Department of Revenue, taxes collected from these sales amounted to over $490 million in 2024.

Governor JB Pritzker commented on the industry's impact: “The numbers are clear: five years after we legalized adult use cannabis in Illinois, we’re seeing the economic impact of a thriving cannabis industry,” he said. “With $2 billion in record-setting sales and $490 million generated in tax revenue, our first-in-the-nation equity-focused cannabis industry is the result of my administration’s policies, which prioritized repairing the damage done by the failed War on Drugs, creating more good-paying jobs, and building a safe, equitable, and prosperous business sector—making Illinois by far the national leader in diverse ownership for this industry.”