Illinois cannabis sales top $2B, set new record
CHICAGO, Ill. (WTVO) — Five years after Illinois legalized recreational use of marijuana, the state has announced a record $2 billion of cannabis product was sold in 2024, a 2.5% increase over 2023.
The Illinois Department of Financial and Professional Regulation said medical cannabis sales exceeded $285 million.
Sales tax collected at Illinois dispensaries totaled more than $490 million in 2024, according to the Illinois Department of Revenue.
'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,' said Gov. JB Pritzker. '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.'
The state also said more than $385 million worth of cannabis was purchased by out-of-state residents, where cannabis consumption is illegal.
There are currently 244 cannabis dispensaries in Illinois.
Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
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