The Illinois Department of Financial and Professional Regulation has announced that statewide adult-use cannabis sales in the first month of 2020 totaled nearly 40 million dollars. The State of Illinois reported that dispensaries sold 972,045 items over the month of January. Sales to Illinois residents totaled over 30 million dollars with sales to out of state residents nearly 8.7 million.
Money raised from cannabis sales will be put back into communities that were harmed by the war on drugs. The Agency also says that legal cannabis represents new opportunities for entrepreneurs. The Illinois Department of Agriculture is still accepting applications for cannabis infuser, craft grower and transporter licenses. Visit their website to find out more about the applications. Medical Sales in January have not been released yet.