Illinois Cannabis Sales

The Illinois cannabis market has shown a nuanced trajectory over the past two years. As of November 2024, the average item price in Illinois stands at $28.98, reflecting a slight decrease from the previous month, yet it remains higher compared to other states. Total sales reached approximately $158.39 million in November 2024, with a modest month-over-month growth of 0.9% and a year-over-year decline of 3.8%. This suggests a market that, while growing incrementally on a monthly basis, faces challenges in maintaining its year-over-year growth.

The state's market dynamics are influenced by its relatively high average item prices, which are among the highest in the country. This could be indicative of a premium market where consumers are possibly facing higher costs or where higher quality or specialty products are more prevalent. Despite the high prices, the volume of units sold increased by 2.2% month-over-month, showing that consumer demand remains resilient.