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Nearly $40M of cannabis sold in Illinois in first month of sales

More than a fourth of the sales came from out-of-state buyers
Credit: Getty Images/iStockphoto

ST. LOUIS — Nearly $40 million in cannabis was sold in Illinois during the first month of sales in the state.

The Illinois Department of Financial and Professional Regulation released the official total Monday. Over 31 days in January, cannabis sales totaled $39,247,840.83. Dispensaries sold 972,045 items.

More than a fourth of the sales came from out-of-state buyers.

“The successful launch of the Illinois’ legal cannabis industry represents new opportunities for entrepreneurs and the very communities that have historically been harmed by the failed war on drugs,” said Toi Hutchinson, Senior Advisor for Cannabis Control to Gov. Pritzker.

According to the IDFPR, a portion of every cannabis sale will be reinvested back in local communities.

Right now, Illinois Supply and Provisions in Collinsville is the only location in the Metro East to get recreational marijuana. A second dispensary has been announced in Sauget. The Green Solution is a medical cannabis dispensary that recently got a license to sell recreational marijuana. The Green Solution hasn’t said when it’ll make the switch.

Recreational marijuana remains illegal in Missouri. However, a new petition drive was launched last week in hopes of getting the initiative on the November 2020 ballot.

A group called Missourians for a New Approach is gathering signatures. To get on the ballot, the proposal must get 160,199 verified signatures that must be turned into the Missouri Secretary of State's office by May 3.

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Nearly 70 medical marijuana dispensaries approved in the St. Louis region

Dispensary in Collinsville won’t sell recreational marijuana on Mondays