[[{“value”:”
Illinois released sales figures for adult-use cannabis in October today, a bit later than normal. They were up 4.2% sequentially to $142.3 million. On a per-day basis, sales rose 0.9%. The year-over-year growth was +2.5% after the first decline recorded in September:
While revenue fell from a year ago, units sold increased by 8.6%, suggesting that revenues fell due to lower prices or substitution of lower-priced products by consumers. Units sold fell 6.7% sequentially, which was slightly less than the decline in overall sales for adult-use from August.
After increasing 106% in 2021, 13% in 2022 and then 5% in 2023, year-to-date adult-use sales are up 5.8% in 2024 to $$1.14 billion. During September, sales to non-residents were 21.6%:
The state separately releases sales from its medical program, and the release for October showed that sales rose 2.4% sequentially to $22.2 million, which was down 15.4% from a year ago:
For August, combined adult-use and medical sales were $164.5 million, increasing 4.0% sequentially and down 0.3% from a year ago.:
Total sales of $1.96 billion in 2023 were up 3% from 2022. So far in 2024, sales have increased 3% from the start of 2023.
Get Our Sunday Newsletter
“}]] Illinois released sales figures for adult-use cannabis in October today, a bit later than normal. They were up 4.2% sequentially to $142.3 million. On a per-day basis, sales… #aawh #ascendwellness Read More
