Adult-Use Cannabis Sales in Illinois Reach $136M in June, Highest Total This Year

Illinois’ adult-use cannabis sales topped $136 million in June — the state’s highest monthly sales total of the year and its third-highest total ever.

Full story after the jump.

Illinois adult-use cannabis sales in June topped $136 million – the highest total of the year and the third highest ever, according to Cannabis Regulation Oversight Officer (CROO) data. In-state cannabis consumers spent $102 million in the month of June, while out-of-state consumers spent $34 million.   

Medical cannabis sales in the state remained flat in June at $27 million, the same total as May and down $1 million from April’s totals.   

Adult-use sales in June were up $3 million from May and $4 million more than April’s sales total. The state saw sales fall from $128 million in January to $120 million in February. The sales drop is likely due to adult-use sales commencing in nearby Missouri, which has the lowest excise tax on cannabis products at 6%, according to Tax Foundation data. Comparatively, Illinois imposes a 7% excise tax of value at wholesale level; a 10% tax on cannabis flower or products with less than 35% THC; a20% tax on products infused with cannabis, such as edible products; and a 25% tax on any product with a THC concentration higher than 35%. 

The price of cannabis flower at dispensaries across Illinois remained at $10 per gram for the third consecutive month. 

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