Illinois cannabis dispensaries recorded over $2 billion in sales in 2024, marking the fourth consecutive year of record-breaking growth, according to data from the Illinois Department of Revenue. The total includes $1.722 billion in adult-use sales and more than $285 million in medical cannabis sales. The state collected over $490 million in cannabis tax revenue, further solidifying Illinois as a leader in the industry.
Governor J.B. Pritzker praised the milestone, attributing the industry’s success to the state’s equity-focused policies.
“The numbers are clear: five years after we legalized adult-use cannabis in Illinois, we’re seeing the economic impact of a thriving cannabis industry,” Pritzker said in a press release. “With $2 billion in record-setting sales and $490 million generated in tax revenue, our first-in-the-nation equity-focused cannabis industry is the result of my administration’s policies, which prioritized repairing the damage done by the failed War on Drugs, creating more good-paying jobs, and building a safe, equitable, and prosperous business sector.”
Illinois now has 244 adult-use cannabis retailers, including 134 social equity licensees. Lt. Governor Juliana Stratton emphasized the significance of the program, stating, “The continued success of adult-use cannabis sales highlights how equity-focused policies can create meaningful change.”
In addition to record sales, the Illinois medical cannabis program expanded in January with the addition of four new qualifying conditions: endometriosis, ovarian cysts, uterine fibroids, and female orgasmic disorder.
As Illinois continues to see growth in both the adult-use and medical cannabis sectors, its approach to equity and economic development serves as a model for other states.
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