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Illinois Adult-Use Cannabis Sales Hit $2.8 Billion in First 2 1/2 Years – Cannabis Business Ti

While Illinois’ corn/grain market had an $11.8-billion production value in 2021, and soybeans represented an $8.9-billion market value, according to data from the U.S. Department of Agriculture’s National Agricultural Statistics Service (NASS), cannabis was next in line in the Corn Belt state.

In 2021, Illinois adult-use cannabis sales were just shy of $1.4 billion, according to monthly figures from the state’s Department of Financial and Professional Regulation (IDFPR).

But 2022 sales are on pace for a record haul. Adult-use retailers reported $126.8 million in June, bringing the year-to-date total to $750.6 million, representing a 20% increase from the first six months of last year.

While June 2022 sales dipped 2.3% from the previous month, Illinois’ adult-use retail market recorded its largest grossing four-month stretch—from March to June—since the program was established.

Sales figures for the second half of 2022 have the potential to go even bigger.

Illinois’ adult-use cannabis footprint is set to expand with 185 conditional licenses scheduled to be issued in three phases, starting with 119 licenses in the Naperville-Chicago-Elgin region by July 22 or earlier, according to IDFPR.

Another 39 licenses will be issued by Aug. 5 in areas that include Peoria, Rockford and St. Louis.

And 27 licenses will be issued by Aug. 19 in Bloomington, Springfield and other areas.

Those licenses will expand upon Illinois’ current 110 dispensaries in the state.

TALLAHASSEE, Fla., July 6, 2022 – PRESS RELEASE – ., a leading and top-performing cannabis company in the United States, announced the opening of its Trulieve medical dispensary in Hurricane, W.Va. Located at 2 Putnam Village Drive Suite 2-3, the new dispensary will open its doors at 10 a.m. July 6. This is the company’s sixth retail location in West Virginia and will be open seven days a week from 10 a.m. to 6 p.m.

Grand opening festivities will be held July 9 throughout the day to include partner giveaways, deals and specials, and all registered patients will receive a 25% discount. On-site medical care specialists will be available to assist with medical card registration and certification for West Virginia patients.

“We are excited to expand medical cannabis to Hurricane while creating jobs in the area,” Trulieve CEO  said. “In less than a year, West Virginia’s medical cannabis program has already added nearly 10,000 patients, and we look forward to supporting this thriving community. Trulieve is committed to providing the best quality services and products for the state’s registered medical cannabis patients while strengthening community connections in this developing market.”

Trulieve patients across West Virginia can choose from a large selection of THC and CBD products available in a variety of consumption methods, including flower, concentrates, tinctures, topicals, ingestibles and more. Designed to meet every patient’s needs, the company’s portfolio of in-house brands includes Cultivar Collection, Momenta, Muse, TruFlower and more.

Last November, Trulieve opened West Virginia’s first dispensary and has since expanded its store hours to welcome patients seven days a week. The company has already opened four new dispensaries in the state this year, with plans to open three additional dispensary locations by the end of the year in Milton, Huntington and Belle.

For more information on store locations, visit https://www.trulieve.com/dispensaries/west-virginia.

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