Illinois Announces Record Cannabis Revenue

(Undated) — As the State of Illinois celebrates the fifth anniversary of the legalization of adult use cannabis in Illinois, the Illinois Department of Financial and Professional Regulation announced today that 2024 marked the fourth consecutive year of record-setting sales. Officials announced that dispensaries reported that more than $2 billion of cannabis product sold in Illinois in 2024. The $2 billion of product includes a record-setting $1.7 billion in adult use cannabis sales in 2024, with medical cannabis sales exceeding $285 million. Sales taxes collected at Illinois cannabis dispensaries totaled more than $490 million in 2024, per the Illinois Department of Revenue.