After rebounding in February from very weak January levels, Illinois adult-use cannabis sales advanced in March. Sales of $131 million rose 15% from February, stronger than the longer month alone would suggest. Compared to a year ago, growth fell from 41% in February to 20%:
2021 adult-use sales of $1.38 billion increased 106% over 2020, and year-to-date sales of $231.3 million have increased 30% 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 subsequently to 30.% in February. During March, out-of-state purchases increased to 31.0%:
The state separately releases sales from its medical program. In March, medical sales totaled $32.0 million, down 10% from the prior year and up 13% sequentially:
Taking into account both medical and adult-use sales, total cannabis sales in March grew 12.5% to $162.9 million, up 14.6% sequentially:
In 2021, combined cannabis sales in Illinois totaled $1.78 billion, up 72% from 2020, and so far in 2022 they have increased 20% compared to a year ago.