Illinois hashish gross sales rose 94% in January – New Hashish Ventures

February 3, 2021 at 3:48 p.m.

Total cannabis sales in Illinois in January were $ 121.5 million. This is a 94% increase over the previous year when the state increased sales for adults:

Adult sales were $ 88.8 million, according to state, up 126% year over year and 2% year over year:

Purchases outside of the state accounted for 28% of adult sales. Medical cannabis sales declined 5% sequentially to $ 32.7 million, up 40% year over year.

According to the state, the dried flower accounted for 47% of total sales with 65,448 patients.

Alan Brochstein, CFA

Alan is based in Houston and leverages his experience as the founder of the 420 Investor online community, the first and largest due diligence platform focused on publicly traded stocks in the cannabis industry. With his extensive network in the cannabis community, Alan continues to seek new ways to connect the industry and fuel its sustainable growth. At New Cannabis Ventures, he is responsible for content development and strategic alliances. Before focusing on the cannabis industry in early 2013, Alan worked as an independent research analyst in 1986 after having worked in research and portfolio management for over two decades. Alan is a prolific writer with over 650 articles published since 2007 on Seeking Alpha where he has 70,000 followers. He is a frequent speaker at industry conferences and a frequent source for media such as the NY Times, Wall Street Journal, Fox Business, and Bloomberg TV. Contact Alan: Twitter | Facebook | LinkedIn | E-mail

Get our Sunday newsletter

Comments are closed.