Nevada Sold More Than $1 Billion In Marijuana In One Year, Officials Report – Marijuana Moment

Illinois marijuana retailers have sold nearly $1 billion worth of legal recreational cannabis products so far in 2021.

With September’s $100 million-plus haul, the state has now seen $997,067,100 in adult-use marijuana transactions this year.

The Illinois Department of Financial and Professional Regulation (IDFPR) reported on Monday that people purchased 2,702,260 recreational cannabis products last month, for receipts worth a total of $121,717,709.

That’s just slightly lower than figures reported for August. And it’s lower still than the peak sales of $127,794,220 in July—which officials partly attributed to a boost from the music festival Lollapalooza. But overall, the data is showing a level of consistency in the recreational market, which launched at the beginning of 2020.

This is the seventh month in a row that adult-use marijuana sales surpassed $100 million in the state.

Via IDFPR.

For September, there were $81,686,864 worth of cannabis purchases from in-state residents and $40,030,844 from out-of-state visitors, according to IDFPR. By contrast, the state’s recreational marijuana sales reached a total of $67,648,362 for both categories of consumers in September 2020.

The new figures do not include sales of medical cannabis, which are tracked separately by a different agency.

The Illinois Chamber of Commerce president predicted back in May that retailers would sell more than $1 billion in adult-use marijuana sales in 2021, and the October figures will make that certain when they are posted early next month.

The level of cannabis commerce means a significant increase in revenue for the state. Illinois sold about $670 million in marijuana last year and took in $205.4 million in tax revenue.

The state generated in more tax dollars from marijuana than alcohol for the first time last quarter,

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