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Illinois Recorded $2bn in Cannabis Sales in 2024

February 14, 2025 at 10:05 AM EST

ⓘ This article is third-party content and does not represent the views of this site. We make no guarantees regarding its accuracy or completeness.

The Illinois Department of Revenue has revealed that the Buckeye State generated over $2 billion in legal cannabis sales and almost $500m in tax revenue last year. Illinois legalized recreational cannabis use on January 1, 2020, becoming the 11th state to allow adult-use cannabis and the first state to legalize the controversial drug via a state legislature instead of a ballot initiative.

This boom in cannabis sales registered in Illinois will likely be celebrated by the entire marijuana industry, including companies like Cronos Group Inc. (NASDAQ: CRON) (TSX: CRON) since any success registered by any…

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