Illinois Adult-Use Cannabis Sales Reach Record $1.5B in 2022

Illinois cannabis dispensaries sold more than $1.55 billion worth of adult-use cannabis in 2022, a new record for the state.

Full story after the jump.

Illinois adult-use cannabis sales topped $1.55 billion in 2022, a new record and 12% more than in 2021 and 131% more than in 2020. There are 113 licensed dispensaries in the state.

In a press release announcing the figure, Gov. JB Pritzker (D) said that when he signed the state’s legalization law in 2019, the Administration “set out on an ambitious goal: to create the most equitable and economically prosperous cannabis industry in the nation.” Last year, the governor said, the state’s first social equity adult-use cannabis dispensaries opened their doors for business, which Pritzker said paves the way “for an even stronger 2023.”    

In all, three social equity adult-use cannabis dispensaries opened their doors in the last year, while another 189 conditional licensees are in the process of receiving their full dispensary license from state regulators. 

Mario Treto, Jr., secretary of the Illinois Department of Financial and Professional Regulation (IDFPR), noted that 2022 marked the second straight year the state’s cannabis industry has seen “record-setting growth.” 

“…We are excited for what the future holds for the most equitable cannabis industry in the country. We are optimistic the industry will only continue to flourish in 2023, as we welcome more dispensaries to Illinois.” — Treto, Jr. in a statement 

Statistics compiled by IDFPR show 2021’s sales totals were all exceeded by November 2022. In total, 36,435,129 items were sold in Illinois adult-use cannabis dispensaries last year, representing an increase of 20% from 2021. Additionally, Illinois resident sales totaled $1,073,132,436, which is an increase of almost 14% from 2021, while sales to out-of-state residents totaled $479,192,383, an increase of almost 10% from 2021.   

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