CHICAGO – The Illinois Department of Financial and Professional Regulation (IDFPR) announced today that more than $2 billion of cannabis product was sold in 2024, a 2.5% increase from the previous year.

The $2 billion of product includes a record-setting $1.722 billion in adult-use cannabis sales in 2024, with medical cannabis sales exceeding $285 million. Sales taxes collected at Illinois cannabis dispensaries totaled more than $490 million in 2024, per the Illinois Department of Revenue.

“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,” said Governor JB Pritzker. “While I am pleased with the continued success of cannabis sales and revenues in Illinois, the market is being undermined by the proliferation of the unregulated intoxicating hemp market.”

Pritzker said licensed cannabis businesses comply with strict state regulations, pay significant taxes, and undergo rigorous product testing. The unchecked market not only undercuts legal operators but also puts consumers at risk by flooding the industry with untested, potentially unsafe products.

In total, a record-setting 56,318,082 cannabis items were sold to customers in 2024, which shattered the previous record set in 2023 by more than 13%. This includes 48,953,392 items sold in Illinois adult use cannabis dispensaries, which represents another record total.