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The Department of Financial and Professional Regulation of Illinois (IDFPRfor its acronym in English) announced that 2022 broke records for sales of cannabis for adult use in all the categories it registers. By Case: Number of items sold, total sales to Illinois residents and out-of-state sales, and total sales per month, reported NewsChannel20.
For the year, Illinois adult-use cannabis stores sold more than $1.5 billion worth of products – an increase of more than 12% over 2021 and 131% over 2020.
Related content: US: Adult-Use Cannabis Sales in Illinois Totaled Nearly $Billion This Year
A total of 36,435,129 items were sold at Illinois adult-use marijuana dispensaries in 2022, representing a 20% increase from 2021.
Sales to Illinois residents are estimated to total $1 billion, while sales to non-Illinois residents are estimated to total $479 million.
There are currently 113 adult-use cannabis dispensaries in Illinois, including the first three social equity dispensaries that opened in 2022. Illinois issued nearly two hundred new licenses retail sales this year, which are expected to change in 2023.
What are the top five Illinois cannabis companies?
Cresco Labs (OTCQX:CRLBF), a company founded and grown in Chicago, has at least 1,150 full-time employees in the metropolitan area, six dispensaries in the Chicago area and several throughout the state.
PharmaCannbased in Chicago, Green Thumb Industries (OTC: GTBIF) y Summer (OTCQX:VRNOF), are ranked two, three, and four, respectively. Next up at number five is Curaleaf (OTCQX:CURLF), headquartered in Massachusetts, has the largest presence in Chicago, with 400 local workers.
Other (exciting) Illinois news
As of early November 2022, an entity owned and controlled by Sean “Diddy” Combs advertisement entering into definitive agreements to acquire certain cannabis assets in New York, Illinois and Massachusetts from Cresco Labs and Columbia Care (OTCQX:CCHWF).
Related content: EXCLUSIVE: P. Diddy’s Right Hand Tells Why They’re Entering The Cannabis Industry
This is Combs’ first investment in cannabis, and upon closing will create the largest vertically integrated, minority-owned and operated multi-state operator in the country.
Via To gasolinetranslated by El Planteo
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