After a sharp drop in January, when adult-use sales fell 15% sequentially as they rose 32% from the prior year, Illinois adult-use cannabis sales stabilized in February. Sales of $114 million fell 3% from January, but there were three fewer days during the month. Compared to a year ago, growth accelerated to 41%:
2021 adult-use sales of $1.38 billion increased 106% over 2020, and year-to-date sales of $231.3 million have increased 36% so far in 2022. Sales to non-residents have been an increasing percentage of overall sales, reaching a record 34.2% in October, but they fell to 32.3% in November and 30.7% in December and 30.1% in January. During February, out-of-state purchases declined to 30.0%. the lowest since February 2021:
The state separately releases sales from its medical program. In February, medical sales totaled $28.2 million, down 5% from the prior year and down 5% sequentially:
Taking into account both medical and adult-use sales, total cannabis sales in February grew 29% to $142.2 million, down 3% sequentially:
In 2021, combined cannabis sales in Illinois totaled $1.78 billion, up 72% from 2020, and so far in 2022 they have increased 25% compared to a year ago.