Illinois released sales figures for adult-use cannabis in July and August today. They were up 1.1% sequentially in July to $143.3 million, and they rose in August by 2.8% to $147.4 million. The year-over-year growth was a low 2.4% in July, but it increased to 5.9% in August:
After increasing 106% in 2021, 13% in 2022 and then 5% in 2023, year-to-date adult-use sales are up 7.3% in 2024 to $$1.14 billion. During August, sales to non-residents were 22.4%:
The state separately releases sales from its medical program, and the release for August showed that sales rose 0.7% sequentially to $23.5 million, which was down 11.1% from a year ago:
For August, combined adult-use and medical sales were $170.9 million, increasing 2.5% sequentially and up 3.2% from a year ago. In July, it had declined 0.1% from a year ago:
Total sales of $1.96 billion in 2023 were up 3% from 2022. So far in 2024, sales have increased 4% from the start of 2023.
