Illinois Cannabis Sales Top $47 Million in June

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Illinois’ cannabis sales reached over $47.6 million in June, which now holds the record for the highest sales figures in the state, according to a Daily Herald report.

Dispensaries sold 994,545 items last month with customers spending $48 on average per sale before tax, the news outlet reported.

The Illinois Department of Revenue is expected to release tax figures later this month, but reported that May’s cannabis taxes and associated sales taxes generated $12.5 million in revenue, according to the Daily Herald.

Illinois has collected $52.7 million in cannabis tax revenue to date, the news outlet reported, which has surpassed budget estimates of $28 million.

Cannabis sales have topped $239 million since adult-use sales launched Jan. 1, according to the Daily Herald.

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Source: One

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