First Day of Recreational Cannabis In Illinois Has Generated Nearly $3.2 Million

First Day of Recreational Cannabis In Illinois Has Generated Nearly .2 Million

New Year’s Day was a historic day for cannabis in the United States. At 6 a.m. CST, more than three dozen licensed cannabis shops opened their doors for the first time, as Illinois joined the ranks of 10 other states with legalized recreational marijuana. Waiting on the other side of those doors were thousands of Illinoisans—and some out-of-staters— eager to be among the first to legally purchase cannabis in the state. And by the time shops closed up for the night, marking the end of the first day of retail cannabis, they’d tallied nearly $3.2 million in sales. Compare that to Colorado, which raked in just over $1 million in its first day of legal retail on January 1, 2014. Illinois Tallies 77,128 Cannabis Sales on Day 1 77,128 transactions, averaging $41.18 each, for a total sales tally of $3,176,256. Those are the numbers the Illinois Department of Financial and Profession Regulation reported from the first day of recreational cannabis in Illinois. On New Year’s Day, January 1, 2020, Illinois became the eleventh state to permit people 21 and older to purchase and possess cannabis for recreational use. And Illinoisans came out in droves, many waiting in hours-long lines, to…

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Source : High Times
Link to original : First Day of Recreational Cannabis In Illinois Has Generated Nearly .2 Million
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