Illinois cannabis stores sold more than $1.6 billion in recreational cannabis products during 2023, a 5% increase over 2022 recreational cannabis sales according to the Illinois Department of Financial and Professional Regulation.
The record-breaking year brought in $417.6 in state tax revenue.
State retailers saw a 15% increase in product sales with more than 42 million edibles, pre-rolls and other cannabis products sold throughout the year, according to the department. The sales total does not include the additional $324 million sold through the medical marijuana program.
Sales hit a monthly record of $154 million in December 2023.
“From day one, my administration has put equity first to build the most accessible cannabis industry in the nation,” Governor J.B. Pritzker said in a statement. “Our work will continue to repair past harm while providing opportunities for communities across the state and creating a more prosperous future.”
While the state’s adult-use cannabis sales continue upward, out-of-state sales totaled $418 million, 14% lower than in 2022. Officials credit the decline to nearby state markets in Minnesota, Michigan and Missouri.
Illinois currently has 177 recreational cannabis stores. Social equity operators account for 67 adult-use retail stores and another 188 social equity operators are still in the licensing process.